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China accuses extradited billionaire Chen of running crime network from Cambodia

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Cambodia has extradited to the mainland a Chinese billionaire whom Beijing accuses of operating a transnational crime network, including alleged involvement in a casino and fraud.

At the request of Chinese authorities, Cambodia arrested three Chinese nationals – including Chen Zhi, the founder of Prince Holding Group – and transferred them to China on Tuesday, the Cambodia China Times reported on Wednesday night.

The Cambodian Ministry of Interior said law enforcement from both countries had worked together on the case for months.

The ministry did not give details about Chen or his alleged crimes but said he was officially stripped of his Cambodian nationality in December, in accordance with local law.

The revoked Cambodian citizenship could pave the way for establishing China’s jurisdiction in Chen’s case. China does not allow dual citizenship. And in China’s statement, Beijing stressed that Chen was now a Chinese national.

Chen, who was born in Fujian province in 1987, became a naturalised Cambodian citizen in 2014.

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