China Graft, Madoff Aides, Luxembourg Rulings: Compliance
China set up a website to collect tips about officials who have fled with ill-gotten gains, as leaders press ahead with a campaign that’s resulted in the arrests of hundreds of alleged economic fugitives so far.
The Communist Party’s anti-graft watchdog, the Central Commission for Discipline Inspection, encouraged whistle-blowers at home and abroad to report on corrupt cadres and officials, according to a statement on its website. Tips will be handled in a timely way and whistle-blowers’ rights will be protected, the agency said.
The tip line is the latest element of a campaign dubbed Operation Fox Hunt 2014 to repatriate money that’s been wrongly stashed overseas. China has pressed countries including the U.S. and Canada to turn over suspects even in the absence of extradition treaties.
In October, the government called on fugitives’ relatives and friends to persuade them to surrender. China’s Fox Hunt campaign, which began in July, has led to the detention of 428 alleged economic fugitives from 60 countries and regions so far.