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Two economic fugitives (second and fourth left) are repatriated on Aug 3 from Cambodia after fleeing overseas with illicit assets. CHINA DAILY
Another Chinese 'fox' returns home to face consequences of financial scandal John Carlson Jersey , reports Zhang Yan in Beijing.



'I can finally sleep well tonight. I won't have to worry about where to hide to avoid being arrested," said Zhu Yujie as he stood on Chinese soil for the first time in 10 years.



The former trading company manager fled the country in 2004 after his role in a $24 million financial scandal was uncovered.



"I feel so sorry for my wife and my weak and elderly parents, but especially for my son," he said, relating how his fraudulent activities and subsequent flight had resulted in his son being refused entry to the police, despite having graduated from a local police college.

Chinese police meet officials in an island nation in the South Pacific to discuss transferring economic fugitives. CHINA DAILY

"Only by returning and confessing, will I be able to end my life of crime and start over," he said, as tears rolled down his face.



Zhu Braden Holtby Jersey , in his 50s, gray-haired, with bloodshot eyes and heavily lined features, appeared exhausted.



"During years of hiding in Cambodia, life was really tough without stable work or an income," he said. "The language barrier and cultural differences made it impossible for me to integrate, and I hardly had any contact with my family in China."



In Cambodia, he used a Guinea-Bissau passport, and moved from town to town to avoid attracting attention.



"I mainly depended on the funds I'd transferred to keep going. I was kidnapped and subjected to extortion by local mafia-like groups. I almost lost my life Andre Burakovsky Jersey ," he recalled, adding that his driver was murdered by one of the gangs.

A suspect surnamed Duan is repatriated on Aug 30. CHINA DAILY

Fraud and forgery



In 2003, when he was working as the manager of a trading company in Taiyuan, Shanxi province, Zhu colluded with staff at a local construction bank branch to misrepresent the rates of return for savers and forge official seals on cash-withdrawal documents. The scam netted the participants a total of 150 million yuan ($24.2 million).



When the fraud was uncovered, Zhu initially fled to Indonesia, before moving on to Thailand, the Philippines and, finally Philipp Grubauer Jersey , Cambodia in an attempt to keep one step ahead of the law. The Chinese police notified Interpol, which issued a red notice, or international arrest warrant, for Zhu.



However, worn down by his years on the run, he called the Chinese police in July and pledged to return and confess his crime. He arrived back in China, accompanied by police officers, on Aug 3.



Zhu is one of the 88 so-called economic fugitives who have been repatriated since July, when the Ministry of Public Security initiated a five-month-long operation code named "Fox Hunt 2014" to track down economic fugitives Christian Djoos Jersey , including lots of corrupt officials who have fled abroad with illegally obtained assets.



As part of the operation, the ministry has sent dozens of special police units to more than 40 countries and regions to apprehend suspects.



"The economic fugitives seem like the crafty foxes who have fled overseas to avoid punishment, but we-the wise hunters-will nail them," Liu Dong, deputy director of the economic crime investigation department under the Ministry of Public Security, told China Daily in an exclusive interview. "No matter where they are, or who they are, we will catch them," he said.



Flight to 'safety'



In recent years Devante Smith-Pelly Jersey , a large number of economic fugitives have escaped overseas, transferring huge amounts of illegal assets, and attracting widespread public and media attention, both at home and abroad.



Figures provided by the ministry show that many of the economic fugitives, including many corrupt officials, are still at large, having illegally transferred billions of dollars via money laundering syndicates and underground banks.



Favored destinations include Canada, the US, Australia Madison Bowey Jersey , some European and Southeast Asian countries, and newer havens such as Fiji and Uganda.



According to Global Financial Integrity, a nonprofit research and advocacy organization based in the US, $2.83 trillion was transferred illegally between 2005 and 2011.



"The hunt for economic fugitives is related to economic security and people's vital interests," Liu said. "Our main duty is to catch and repatriate the corrupt officials who are on the run, so they can face trial."



In January, the central government decided to intensify efforts to capture corrupt officials who have absconded and recover their illegally transferred funds.



In March, the Supreme People's Procuratorate issued an order to improve the information database on corrupt officials and increase cooperation with the police to target them.



"Apprehending officials who have absconded overseas is essential for fighting graft," Hong Daode Lars Eller Jersey , a law professor from the China University of Political Science and Law, said.



In recent years, a number of corrupt officials have sent their spouses and children abroad to study and invest in businesses. They then transferred funds to foreign bank accounts before applying for tourist visas for themselves and taking the opportunity to slip away, he said.



Since 2012, when China's new leadership took office, the central government and judiciary have "tightened the supervision of 'naked officials', stymied their chances of promotion, and improved efforts to prevent such cases occurring", Hong said.



Liu Jinguo Jakub Vrana Jersey , vice minister of public security, said the ministry set up special teams for "Fox Hunt 2014", to collect intelligence, conduct case-by-case studies, and draw up plans for arrest.



"For each individual case, we establish a case file and assign responsibility for it to a special police unit," he said.

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