Focus News

Yan Qingxin and Liu Junguo et al Are Sued for Dividing up Chinese Democratic Fund

Luo Ji, reporter of Tianhua Culture website, reported on May 26: Yan Qingxin and Liu Junguo who gained fame by suing Zhonggong leader, CSG President Zhang Hongbao were sued by the Legal Section of Chinese Federal Development Fund for dividing up Chinese Democratic Fund. There are 10 people being sued.

Chinese Democratic Fund was founded by Peng Ming and Wang Deyao in 2002. Yan Qingxin illegally transferred $2, 250,000 onto the account of Chinese Federal Development Fund which was originally used for supporting Chinese Democratic Movement by Zhonggong organization. Soon, Yan illegally withdrew $580,000 from the Fund and put into the account of Liu Junguo (her husband) and his Pacific Law Firm; soon again, Yan illegally withdrew $960,000 from the Fund and quit the connection with the Fund. The other accused divided up the rest of the Fund. The total of the Fund that was divided up was $2, 250,000. At the time of last division, the person who signed all the checks was Yang Haiping who was accompanied and accommodated by the National Security Bureau when he went back to tour in China.

Due to the fact that the public funds and the democratic funds were divided up by individuals, the Fund has stopped functioning. This case has been officially registered at the California District Court in USA.

Home>>Focus News>>

Print this article