Crime | SUNBIZ

Chinese Businessman Charged With Multiple Counts of Fraud Given Suspended Jail Sentence

Zhang was convicted of one count of obtaining property by deception and a count of money laundering.
01 Nov 2019 10:28
Chinese Businessman Charged With Multiple Counts of Fraud Given Suspended Jail Sentence
Fifty-six-year-old Aidong Zhang in court. Photo: Ilaijia Ravuwai

A 56-year-old Chinese businessman who was charged with multiple counts of fraud has been handed a suspended jail sentence.

Jail Aidong Zhang had appeared before High Court Judge Justice Salesi Temo yesterday.

Zhang was as a director of De Xin International Trading Investment, now trading from the former RB Patel supermarket property in Suva’s Waimanu Road.

Zhang was convicted of one count of obtaining property by deception and a count of money laundering.

The court ordered:

(a) The accused’s directorship of Bahrain Group (Fiji) Limited (BGL) is terminated forthwith, and the necessary administrative actions to be done to effect the above;

(b) The accused’s 10 per cent shares in BGL is terminated forthwith, and the same transferred to the complainant forthwith, and the necessary administrative actions to be done to effect the above;

(c) The one million Fijian dollars the accused paid into Court on 27 September, 2019 is to be paid to the complainant as soon as possible, as part restitution of the $1,240,740.74 he stole from the complainant pursuant to count no.1 and 2; and

(d) The accused is also fined $100,000, to be paid in four weeks, in default, to serve six months imprisonment.

Justice Judge Salesi Temo told Zhang that the sentences were designed

-to punish him in a manner that is just in all the circumstances, to protect the community;

– to deter other would-be offenders;

-to establish conditions for his rehabilitation and to signify that the Court and community denounced what he did to the complainant between 1 June 2014 and 5 January 2016 in Suva; and

– He has 30 days to appeal to the Court of Appeal.

Feedback: ilaijia.ravuwai@fijisun.com.fj

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