From the AFR:
Government-run media outlets in China have speculated for years that Gao Yan, a former high-ranking Communist Party official, alleged to have stolen millions of dollars in state assets, fled to Australia in 2002.
One source has confirmed the Australian Federal Police is investigating property linked to Mr Gao’s son, Gao Xinyuan. This raises the prospect the Gao family is on a target list put together by the AFP and Chinese authorities as part of a joint effort to trace and freeze illicit assets.
…Tracking down officials hiding overseas and confiscating their assets has become a top priority for China’s President Xi Jinping, who will seek greater co-operation from regional leaders, including Prime Minister Tony Abbott, at a meeting in Beijing next week.
…The AFP confirmed last week they had drawn up a priority list of targets in co-operation with Chinese authorities.
…According to property searches, his family bought and sold properties worth $5 million over the past four years.
Hit the bid, peeps.
