Breaking News

Ebay to Separate eBay, Paypal Into Independent Companies in 2015
Tweet TWEET

China Detains Man With Same Name as Hanlong Chairman

(Corrects to say Liu Han is being investigated in first paragraph.)

Police are investigating a man with the same name as the chairman of a Chinese company seeking to buy Australian miner Sundance Resources Ltd. (SDL) on suspicion of harboring his brother, who is wanted for murder.

The man, identified as Liu Han, is being probed for allegedly sheltering his younger brother, 43-year-old Liu Yong, according to a March 22 report by the official Xinhua News Agency that was posted on the website of China’s Ministry of Public Security. The brother had been a fugitive for years, according to the report.

The Xinhua report didn’t give additional details about Liu Han. The Shanghai Securities News reported March 20 that the chairman of Sichuan Hanlong Group, who has the same name, had been detained. Shares of Sundance Resources Ltd., which has agreed to be taken over by Sichuan Hanlong, fell 6.7 percent to 21 Australian cents before being suspended March 19.

The Xinhua report said Liu Yong is from the Sichuan Province city of Guanghan. Sichuan Hanlong Chairman Liu Han’s residence is in Guanghan, according to a 2003 statement by Sichuan Jinlu Group Co.

Sichuan Hanlong is the third-largest shareholder of Sichuan Jinlu, and Liu Han is Sichuan Jinlu’s chairman. Sichuan Jinlu said in a statement March 20 that it wasn’t able to get in touch with Liu.

Sundance Chairman George Jones said in a phone call March 21 that Liu was “uncontactable.”

Sichuan Hanlong media official Wu Shijun declined to comment when reached by telephone today. Two calls to the office of Sichuan Jinlu Group’s board secretary rang unanswered today, as did a call to the Ministry of Public Security in Beijing.

To contact Bloomberg News staff for this story: Henry Sanderson in Beijing at hsanderson@bloomberg.net; Helen Yuan in Shanghai at hyuan@bloomberg.net

To contact the editor responsible for this story: Peter Hirschberg at phirschberg@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.