‘I have nothing to hide’: son of late Chinese leader Hu Yaobang named in leaked ‘Panama Papers’ admits having offshore company
The son of China’s late liberal leader Hu Yaobang is the first relative of the nation’s political elite named in the leaked “Panama Papers” documents to admit to having an offshore company.
Hu Dehua, the businessman son of the former Communist Party chief who was ousted in 1987 because of his liberal thinking, told the South China Morning Post on Friday that he had nothing to hide.
“When asked by the media, of course I should respond,” he said. “I think this is very straightforward and there is nothing to hide.”
Of course I should respond. I think this is very straightforward and there is nothing to hide
The use of offshore companies is a sensitive issue on the mainland because close relatives of Chinese leaders are implicated, and news of the leaked documents has been subject to blanket censorship there, both on the internet and in state media.
