Holland Village, Shenyang, China tycoon gets 18 years


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windmills Holland Village, Shenyang, China tycoon gets 18 years

The Chinese-Dutch tycoon Yang Bin, who featured in Forbes magazine in 2001 as China's second-richest man, has been sentenced to 18 years for fraud.

Born in China, Yang Bin went to college in the Netherlands, and took Dutch citizenship, before returning to China in 1995. He established the Holland Village complex in Shenyang, with agricultural production (tulips and orchids) and tourist attractions, including replica Dutch public buildings and windmills. It's not clear if the complex was ever finished, and questions of tax and building permits were variously raised, leading to his arrest in October 2002.

More articles on Yang Bin and the village can be found at :- [arrest] [arrest] [arrest] [construction - in Dutch]
Item: #109, Posted: 14/7/03.


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