Chinese police repatriate first fugitive from France: Xinhua
- Record-setting rally pushes on as S&P ends week up 3 percent
- Trump's Cohn Pick Most Bullish Sign Yet for Banks - Cowen
- Unusual 11 Mid-Day Movers: (IDXG) (INVN) (EBS) Higher; (SCON) (DTEA) (DLTH) Lower (more...)
- 21st Century Fox (FOXA) offers to acquire Sky for GBP10.75/share
- Coca Cola (KO) Announces James Quincey to Succeed Muhtar Kent as CEO; Kent to Continue as Chairman
Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.
SHANGHAI (Reuters) - Chinese police repatriated a fugitive from France for the first time since the two countries signed an extradition treaty which came into effect in 2015, the official Chinese news agency Xinhua said.
The suspect surnamed Chen, who was detained by French police in October, is accused of taking public funds of more than 20 million yuan ($3 million) without authorization, said Xinhua, citing police from the city of Ruian in Zhejiang province.
China has been trying to get increased international cooperation to hunt down suspected corrupt officials who have fled overseas since President Xi Jinping began a war against deeply-rooted graft more than three years ago.
But Western countries have been reluctant to help, or sign extradition treaties, not wanting to send people back to a country where rights groups say mistreatment of criminal suspects remains a problem, and also complaining China is unwilling to provide proof of their crimes.
Beijing has vowed to pursue an overseas search dubbed Operation "Fox Hunt" for corrupt officials and business executives, and their assets.
($1 = 6.6700 Chinese yuan renminbi)
(Reporting By Nathaniel Taplin; Editing by Michael Perry)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- South Korea central bank: market impact of impeachment vote seems limited
- Trump says to stop visa abuses that undermine U.S. workers
- Dallas pension fund halts payments following mayor's lawsuit
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!