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China art dealer jailed in Spainish probe

Published on Oct 21, 2012 6:21 AM
 
A police van arrives at a court where suspects arrested as part of a probe into Chinese gangs suspected of tax evasion and illegally laundering millions of euros were to appear on Oct 18, 2012 in Madrid. A Spanish judge on Saturday ordered a Chinese businessman and art dealer be kept in jail on suspicion of leading a gang that laundered hundreds of thousands of euros, a judicial source said. -- PHOTO: AFP

MADRID (AFP) - A Spanish judge on Saturday ordered a Chinese businessman and art dealer be kept in jail on suspicion of leading a gang that laundered hundreds of thousands of euros, a judicial source said.

Gao Ping, 45, was remanded in custody pending an ongoing investigation into the alleged money-laundering racket involving Chinese businesses in Spain, in which more than 80 people have so far been arrested.

Of the 82 suspects questioned by judge Fernando Andreu so far, 47 have been remanded in custody including Gao and his wife, 23, have been freed on bail and 12 have been released, said the source, who asked not to be named.

Gao, reportedly from Zheijiang province in northeastern China, was a high-flying member of Spain's large Chinese immigrant community, owning businesses including art galleries in Madrid and Beijing.

 
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