AUSTRALIAN POLICE ASSISTING IN CHINA’S GLOBAL CORRUPTION CRACKDOWN

Australian Federal Police (AFP) have revealed that they are assisting China in “Operation Fox Hunt”, an operation launched in July 2014 which is focussing on locating and prosecuting corrupt Chinese officials who have moved abroad. The Operation is part of President Xi Jinping’s signature anti-corruption policy. Beijing has identified Australia as one of the most popular destinations for corrupt Chinese money, and the joint-operation with Australia is of unprecedented scale. The AFP have stated they will seize hundreds of millions of dollars’ worth of assets in the next few weeks.

Chinese media have portrayed the joint-operation as a milestone showing that Western countries are finally assisting China’s anti-graft campaign. While global cooperation will be essential in combating money laundering, concerns have been raised over the checks that Australia has in place to ensure that the human rights of suspects are not infringed. The AFP has confirmed that Operation Fox Hunt is a strictly Chinese operation, and that the AFP is not party to any information Chinese investigators have relating to any Communist Party links of suspects.

The AFP are also yet to explain the proposed extradition process for Chinese fugitives, or how they will seize the assets financed with corrupt money. Many of these assets will have been laundered through legitimate business ventures, sometimes over a period of many years, and it is unclear the effect that widespread seizures will have on Australian parties involved in those businesses.

AUSTRALIAN SENATE INQUIRY INTO DIGITAL CURRENCY ANNOUNCED

Australian Federal Police (AFP) have revealed that they are assisting China in “Operation Fox Hunt”, an operation launched in July 2014 which is focussing on locating and prosecuting corrupt Chinese officials who have moved abroad. The Operation is part of President Xi Jinping’s signature anti-corruption policy. Beijing has identified Australia as one of the most popular destinations for corrupt Chinese money, and the joint-operation with Australia is of unprecedented scale. The AFP have stated they will seize hundreds of millions of dollars’ worth of assets in the next few weeks.

Chinese media have portrayed the joint-operation as a milestone showing that Western countries are finally assisting China’s anti-graft campaign. While global cooperation will be essential in combating money laundering, concerns have been raised over the checks that Australia has in place to ensure that the human rights of suspects are not infringed. The AFP has confirmed that Operation Fox Hunt is a strictly Chinese operation, and that the AFP is not party to any information Chinese investigators have relating to any Communist Party links of suspects.

The AFP are also yet to explain the proposed extradition process for Chinese fugitives, or how they will seize the assets financed with corrupt money. Many of these assets will have been laundered through legitimate business ventures, sometimes over a period of many years, and it is unclear the effect that widespread seizures will have on Australian parties involved in those businesses.