Thursday, 1 June 2017

One Fat Cat's Ill-Gotten Gains

A Wu Guanzhong painting of Hong Kong was owned by a corrupt police chief
Chinese President Xi Jinping caught another fat "tiger" in his ongoing anti-corruption campaign but only now do we see how fat this cat was.

Former Tianjin police chief Wu Changshun was worth 426 million yuan thanks to his massive collection of artwork, jewellery and watches.

Xi angrily described Wu has "defying all laws human and divine," according to state media. The police chief was dismissed in 2014, and following an investigation, was sentenced to death with a two-year reprieve -- basically life imprisonment.

Wu Changshun was apparently worth 426 million yuan
Wu collected over 1,000 pieces of artwork, including a painting called In Memory of Hong Kong of the city's skyline by famous modern Chinese artist Wu Guanzhong who died in 2010.

Other famous paintings and calligraphy included those by Zhang Daqian. One of his paintings called A Copy of Juran's Landscape was sold at China Guardian's autumn auction for 103.5 million yuan.

Also in the collection were 11 paintings by Fan Zeng, a master of traditional Chinese painting. Wu also amassed hundreds of antiques, including a blue and white 15th century porcelain jar from the Ming dynasty, Buddha statues and ornaments.

Also in the illicit stash of goods was a green jade bracelet worth HK$1.8 million, and at least 45 luxury watches, including five Patek Philippes, as well as Cartier, Rolex, and Vacheron Constantin.

He also had several Patek Philippe watches and other brands
Apparently Wu's collection was so vast that a Tianjin auction house had to hold three separate auctions to sell all the items between November 2015 and December last year, according to a report by Caixin.

Going through this huge list of items not only demonstrates Wu either had a lot of money to burn, or his bribers knew exactly what he wanted in terms of gifts. It seems like brand names were a must, and he had very good taste.

Oh well. That's all in the past now with Wu languishing in jail.

But it also makes you wonder, if there are other fatter cats...






2 comments:

  1. Now, wouldn't it be nice if the Communist Chinese government were to donate that Wu Guanzhong painting of Hong Kong to Hong Kong, where it'd be put on public display?

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    Replies
    1. One would think that was a nice gesture... and a lesson to all not to be a corrupt official!

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