Once again a billionaire businessman is missing in China…. Bao Fan, who is considered a big name in China's IT sector, has not been in contact with his company for the last few days.
According to his investment bank China Renaissance, he was called in connection with a government investigation, after which he has not been contacted.
A case like Bao Fan is not new to China. In the last few years, dozens of industrialists have gone missing in the name of government investigation. It also includes Alibaba co-founder Jack Ma.
Not just industrialists, artists, sportspersons and activists have also disappeared in China in a similar fashion. A connection is clear in all the cases that all of them had made a public statement against the ruling Communist Party of China or any of its officials.
Some celebrities who disappeared came back after a while, some were sent to jail… and some died in jail itself. All those who returned in front of the public definitely changed their harsh attitude towards the Chinese government or its officials.
In 2012, when Xi Jinping became the chairman and president of the ruling Communist Party, it was believed that industrialists were being clamped down on fraud and corruption.
But now it is also common among the Chinese public that whoever raises voice against Xi Jinping or his government in any way is made to disappear.
He is tortured so much in the name of interrogation that he finally changes his stand towards the government. If he does not change, he is sent to jail.
Know which prominent Chinese industrialists and celebrities went 'disappeared' after making anti-government statements and who among them was able to save their lives…
Meet Bao Fan first…the biggest Chinese industrialist to disappear after Jack Ma
Bao Fan is the biggest banker for Chinese tech companies, got the deal done between Alibaba and Tencent in 2015
Bao Fan is considered a rainmaker for the Chinese tech industry. He is not only known for getting deals done among the biggest companies in the industry, but his investment bank has also invested in several start-ups.
Bao Fan's parents were diplomats. He studied in Norway and has also worked with institutions like Morgan Stanley and Credit Suisse. In 2015, he got the cab hailing platforms of Alibaba and Tencent merged.
Gave a statement against government control on the tech industry… only after this the difficulties started
Bao Fan has been openly showing his passion for boxing and Formula-1 racing. At the same time, he has also been speaking out against the government's control over the tech industry.
Now he has been called in the name of cooperation in the ongoing government investigation against Kong Lin, a former official of his company, after which he is missing.
This former officer Kong Lin actually used to work in China's state-owned bank ICBC. An investigation against Lin has been launched over some irregularity at ICBC.
Bao Fan's company has said in a statement to the market regulator that Bao Fan was called to assist in the government investigation. The company has no contact with him as of now.
Bao Fan is the latest addition to a long list that includes Jack Ma to actress Xiao Wei
Meet those celebrities of China who became victims of the anger of the government…
1. Jack Ma… told the economic policies as bad, is no longer seen in public
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