OTCPK:TOUBF - Post by User
Post by
xonnelon Jan 30, 2012 6:42pm
450 Views
Post# 19467424
Lay it on the Prime Minister
Lay it on the Prime Minister Harper is headed to China to meet with President Hu Jintao and Premier Wen Jiabao. Time to write Harper and tell him to build Chinese relationships the first order of business should be for China and Canada to co-operate on prosecuting cheating Chinese Companies and then Directors. Losses on Sino Forest exceed $4 Billion on this likely fraud taking money from individual investors, mutal funds and pension funds as well as influential International Investors. The reputation of both countries has suffered and our OSC appears toothless.
In the case of Zungui Haixi the Chief Executive Officer, Yanda Cai, would appear to have made off with $50 million raised by CIBC/WoodGundy. Crimes in China are met with very tough terms, even execution, Canada appears as a free zone to these crooks and unless we lean on China to do something to challenge their own crooks then a lot of development money which could aid China and Canada simply will never again be available.
www.pm.gc.ca/eng/contact.asp allows you to email the P.M.
Let's put a little pressure on these glad handing politicians