LIKE & FOLLOW US

Suspicious $3M Donation From Chinese Shell Company to UPenn Raises Questions

Share this!

The Washington Free Beacon reported that the University of Pennsylvania Public records show that a Hong Kong shell company closely tied to the Chinese government, Nice Famous Corporation, funneled $3 million to the Ivy League school.

The Hong Kong shell company is owned by a Shanghai businessman with deep ties to Chinese government officials.

The donation came from Xu Xeuqing, who has no apparent connection to the University of Pennsylvania and was previously embroiled in a Shanghai public corruption scandal, raises questions about the true source of the money. Documents reviewed by the Washington Free Beacon show Xeuqing has close ties to the Chinese Communist Party.

Read more…

LIKE & FOLLOW US

0 0 vote
Article Rating

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments

Be First to Know!

Join Our Other 2,617 Happy Newsletter Subscribers!


No, thanks!

0
Would love your thoughts, please comment.x
()
x
%d bloggers like this: