Ye “Cathay” Hua laundered at least $18 million for Xavier Valent’s drug syndicate and is currently serving a seven-and-a-half-year prison sentence. An investor, Min Hu, who unknowingly invested over $61,000 in Hua’s company, is engaged in a complicated court battle to recover her money, which is crucial for her house deposit. This amount, part of which was a wedding gift from her parents, is small compared to the hundreds of millions handled by Hua’s enterprise and the $27.5 million earned through his illegal activities.
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Media Insider: NZME shareholder meeting – Steven Joyce set to become chair, Jim Grenon to join board; what to expect at today’s meeting
A new NZME board will be voted in today, with former National Party MP Steven Joyce becoming the chair, accompanied by outspoken shareholder Jim Grenon as a new director. The annual shareholders’ meeting, which initially seemed poised for conflict, will now feature a measured transition, as Grenon previously sought to replace the board but reached a compromise allowing him and Joyce to join alongside existing directors Guy Horrocks, Sussan Turner, and Carol Campbell, with Bowen...
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