Beijing, March 27 (IANS) China has launched an international hunt for a former bank chief accused of fleeing with more than 100 million yuan ($16 million) illegally raised from relatives and friends.
The Ministry of Public Security has issued an arrest warrant for Sun Feng, former head of the Yaosai branch of the Agricultural Bank of China in Jiangyin in Jiangsu province, China Daily reported Tuesday.
Sun is believed to have fled abroad with his wife, parents and two children Dec 28 after defrauding several relatives and friends of over 100 million yuan, police said.
Sun and his family went to Thailand in December but later disappeared. Police believe they might have gone to Canada.
The Ministry of Public Security has issued an arrest warrant for Sun Feng, former head of the Yaosai branch of the Agricultural Bank of China in Jiangyin in Jiangsu province, China Daily reported Tuesday.
Sun is believed to have fled abroad with his wife, parents and two children Dec 28 after defrauding several relatives and friends of over 100 million yuan, police said.
Sun and his family went to Thailand in December but later disappeared. Police believe they might have gone to Canada.
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