Chinese officials stole $120 billion, fled mainly to US – BBC
The stolen funds were allegedly smuggled out of China between the mid-1990s and 2008
Thousands of corrupt Chinese government officials have stolen more than $120bn (£74bn) and fled overseas, mainly to the US, according to a report released by China’s central bank.
Between 16,000 and 18,000 officials and employees of state-owned companies left China with the funds from the mid-1990s up until 2008.