Chinese mining tycoon executed for murder

A Chinese mining tycoon who once launched a failed bid for Australia's Sundance Resources has been executed for multiple murder charges.

A Chinese mining billionaire said to have links with disgraced former security tsar Zhou Yongkang and who once launched a bid for Australia's Sundance Resources has been executed for multiple murder.

Liu Han, his younger brother Liu Wei and three accomplices were condemned to death in May for "organising and leading a mafia-style group", murder and other crimes.

Their appeals were unsuccessful and all five were put to death on Monday, the Xianning Intermediate court in the central province of Hubei said on its verified account on China's Twitter-like Sina Weibo.

The five met with their "close relatives" before the execution, the court said in a separate posting.

"The executed criminals' legal rights were fully protected," it added.

Liu Han led private company Hanlong, which is based in the southwestern province of Sichuan and launched a takeover bid of more than $US1 billion ($A1.29 billion) for Sundance, a listed Australian iron ore firm, in 2011.

But the deal collapsed in 2013 after the Chinese firm failed to follow through. Chinese media reports said at the time that Liu Han had been detained.

Sichuan is one of the power bases of Zhou, who once enjoyed vast power as China's security chief but whose targeting in a corruption investigation was announced in July.

The influential business magazine Caixin has reported that Liu Han once had dealings with a businessman believed to be Zhou's son. State media have also hinted that the gang had connections to central government officials.

Zhou was handed over to prosecutors in December.

The official announcement of the long-rumoured probe into Zhou made him the most senior member of the Communist Party to be investigated since the infamous Gang of Four - a faction that included the widow of founding leader Mao Zedong - were put on trial in 1980.


Share

2 min read

Published

Updated

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world