The U.S. Treasury Department announced sanctions against Yin Guoju, a member of the Chinese Communist Party's Chinese People's Political Consultative Conference and a gang leader, on December 9. (Video screenshot)
The U.S. Department of the Treasury announced sanctions against Yin Guoju, a member of the Chinese People's Political Consultative Conference (CPPCC) and a gang leader, on December 9. Yin is the leader of the Chinese Communist Party's triad group "14K. According to the Ministry of Finance, the 14K is one of the largest organized crime groups in China, using the Communist Party's "Belt and Road" initiative as a cover for its criminal activities.
(China Watch, December 10, 2020) - The U.S. Department of the Treasury issued a statement on December 9 that sanctions were imposed on corrupt actors in Liberia, Kyrgyzstan, and China under the Global Magnitsky Human Rights Accountability Act. Among them is Yin Guoju, a member of the Chinese Communist Party's Chinese People's Political Consultative Conference and a well-known gangster.
The 65-year-old Wan, nicknamed "Pangga Kui," is the leader of Macau's largest triad, the 14K, and was released from prison in 2012 after being convicted by a Macau court in 1999 for triad involvement, loan sharking, money laundering, arms possession, and illegal gambling.
The U.S. Treasury Department said that 14K, controlled by Yin Guoju, is one of the largest organized crime groups in the Communist Party, engaging in drug trafficking, illegal gambling, racketeering, human trafficking and a range of other criminal activities.
The U.S. sanctions also include three entities led by Yin Guoju: the Cambodia-based World Hongmen Historical and Cultural Association; the Hong Kong-based East American Group; and the Palau-based Palau Chinese Hongmen Cultural Association.
The Treasury Department determined that Wan was the head of an enterprise that or its members engaged in corrupt practices involving embezzlement, misappropriation of public funds, misappropriation of private assets for personal gain, and bribery in connection with government contracts.
The Treasury Department said that all assets of the sanctioned person in the United States must be reported to the Treasury Department's Office of Foreign Assets Control (OFAC), that companies in which the sanctioned person has a 50 percent or greater interest in the United States will be frozen, and that U.S. persons will be prohibited from engaging in transactions with the sanctioned person.
Yin Guokju used "One Belt, One Road" to commit crimes
The U.S. Department of the Treasury said Yin Guoju's World Hongmen Historical and Cultural Association has managed to bring together elite figures in Malaysia and Cambodia, using initiatives such as the Communist Party's Belt and Road to hide its illegal criminal activities.
In 2018, Wan established the headquarters of the World Hongmen Historical and Cultural Association in Cambodia, which is synonymous with the "Triads" in Hong Kong and Macau.
The finance ministry said the association has built a strong network of businesses involved in cryptocurrency, real estate and other projects, and recently plans to set up a security company dedicated to protecting Belt and Road investments.
In addition to the Hongmen Association, the Yin Guoju-led Dongmei Group, which is a major investor in Myanmar's Saixigang Zone, is also involved in the CCP's Belt and Road project.
The Chinese Communist Party is a political mob
Cai Xia, a retired professor at the Central Party School of the Communist Party of China (CPC), recently stated bluntly that the CPC is a political gangster and Xi Jinping is the gangster boss.
On January 28, 1979, when former CCP leader Deng Xiaoping made his first visit to the United States, the CCP hired 800 triad members to protect him along the way. The then Minister of Public Security, Tao Juju, who was on security duty, "praised the Chinese American mob for their patriotic (Party) sentiments.
On June 22, 1984, when Deng Xiaoping met with Hong Kong business celebrities Tang Xiangqian and Ni Shaojie, he said, "The triads in Hong Kong are very powerful, perhaps a little larger than anywhere else, and the triads are not all black, there are many good people."
On October 3 of the same year, Deng again talked about the triad problem, saying, "Triads are not all black, there are still many patriotic (Party) ones."
After the June 4 massacre in 1989, Beijing set up an agency engaged in overseas united warfare and hired Hong Kong triad leaders to hold key positions.
On July 21, 2019, 14K, Wo Sing and other Hong Kong triad members attacked demonstrators and ordinary people participating in the anti-Send-China protest movement at the Yuen Long MTR station in Hong Kong, resulting in many injuries.