New Zealand remains the most corruption-free country in the world in the latest Corruptions Perceptions Index (CPI), with Nigeria wallowing somewhere around number 143 in the world. But the following story shows that not all that glitters is gold.
Sometime in April 2009, when Hui “Leo” Gao’s bank mistakenly deposited about $8.2 million USD into his business account, the New Zealander did the following:
He siphoned close to $6.8 million from his business account to personal accounts in his name and in his parents’ accounts. He also transferred more than $347,000 to casino accounts in Macau. He then fled New Zealand. His then-girlfriend, who gave birth to their son while on the run, followed four days later and opened a “player’s account” at the casino with her passport. Later, another $2.2 million was funneled to the same casino, but this time under Gao’s father’s name, Alex Wang.READ MORE
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