Sunday, 29 September 2019

Corruption Story

Over the weekend, I read through this corruption article out of China (Danzhou).....where cops arrived and did a search warrant on the former mayor of the city.

So there's this secret vault area in his basement, and what they found was this.....almost 14 tons of gold (you can figure that it adds up around 700 million dollars). 

On top of that....268 billion Yuan.  That comes out into the range of 37-billion dollars.  Cash?   Yep....in cash.

What'll happen to the guy?  He'll be dragged into court...lectured....and a week later executed.  In this case, you have to wonder....why keep the money in China?  He should have shipped it out and quietly left the country one day, with some luxury condo in Cyprus. 

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