Yuhu Group

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The ATO has sought orders in the Federal Court in Sydney on Monday to freeze the local assets of the exiled billionaire Huang Xiangmo, a central figure in the alleged NSW corruption watchdog's investigation into the $100,000 Labor Party donation in an Aldi bag.
The ATO sought urgent orders against Huang and his wife Jiefang as it seeks $140 million in allegedly unpaid tax and penalties.
The Chinese property developer has denied he's ever shopped at Aldi, let alone donated $100,000 cash to the Labor Party.
The inquiry at ICAC has heard that Huang, whose Australian resident return visa was cancelled last year, was the alleged donor of the cash delivered in an Aldi bag after a 2015 fundraising dinner.
As a developer, Mr Huang was not allowed to make political donations.
<p data-gtm-vis-recent-on-screen-6236702_632="1568667377656" data-gtm-vis-first-on-screen-6236702_632="1568667377656" data-gtm-vis-total-visible-time-6236702_632="4000" data-gtm-vis-has-fired-6236702_632="1">His Australian permanent residency visa was cancelled last December for reasons including character grounds.
"Both Mr Huang and Mrs Huang are now out of the jurisdiction," the ATO's barrister, Anthony McInerney, SC, told the court on Monday.
Huang was in Australia previously heading Yuhu Group.
He now resides in Hong Kong.
His wife Huang Jiefang recently bought one of Hong Kong’s most expensive residences, paying $HK520 million ($95 million) for a newly built house in Repulse Bay.
Mr Huang’s former Mosman abode is also held in his wife’s name since it was bought new in 2012 for $12.8 million.
Mcinnerney told the Federal Court the Tax Commissioner had initiated an audit of Huang two years ago believing he had "grossly understated his income" between 2013 and 2015.
Huang got a $140 million tax bill on September 11.
Neither of the Huangs nor their lawyers were in court to respond to the claims.
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ATO seeks to freeze Huang Xiangmo's Australian assets

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The Chinese property developer at the centre of an Independent Commission Against Corruption political donations inquiry, Huang Xiangmo, has denied he's ever shopped at Aldi, let alone donated $100,000 cash to the Labor Party.
The inquiry at ICAC has heard that Huang, whose Australian resident return visa was cancelled last year, was the alleged donor of the cash delivered in an Aldi bag after a 2015 fundraising dinner.
As a developer, Mr Huang was not allowed to make political donations.
Huang was here in Australia previously heading Yuhu Group.
Speaking for the first time since the inquiry started from Hong Kong where he now resides, Mr Huang reportedly exclusively told The Australian Financial Review reporter Su-Lin Tan the donation had "absolutely nothing to do with him".
“I am not the source of the alleged donation. I do not know any of the alleged donors of the sum or any of the 'straw donors' as referred to in recent reports, nor have I ever had any contact with them," he said.
The AFR advised Huang never visited an Aldi supermarket when he was living in Australia, let alone used an Aldi bag.
"Some Australian media outlets are taking advantage of me to sensationalise the story ... while I understand the media's need to produce content, I hope it will direct its attention to pushing for reforms and get on its useful role as the fourth estate," he said.
The Australian newspaper advised a statement had been posted by a Chinese community website, Today Media in the name of Huang.
Earlier this year the exiled Chinese billionaire spoke about being banned from living in Australia because of his alleged connections to the Chinese government.
In the exclusive AFR article he told Su-Lin Tan that he demanded that $2.7 million in official donations he gave to both major political parties be returned so he can donate them to charity.
In July the paper's Su-Lin Tan reported exclusively that the Huang family had "exited its equity interests in two towers, Jewel on the Gold Coast and One Circular Quay in Sydney but will continue to complete the projects." However this has been denied by the development company.
In 2018 the AFR claimed it exclusively revealed Sydney developer Yuhu Group had acquired Chinese conglomerate Dalian Wanda's Sydney and Gold Coast residential and hotel mixed-used projects for $1.13 billion.
His wife Huang Jiefang recently bought one of Hong Kong’s most expensive residences, paying $HK520 million ($95 million) for a newly built house in Repulse Bay.
Mr Huang’s former Mosman abode is also held in his wife’s name since it was bought new in 2012 for $12.8 million.
 
 
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Huang Xiangmo denies ever shopping at Aldi or donating $100,000 cash to the NSW ALP

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Two Australian Chinese-language papers devoted their weekend front pages to an open letter backing exiled billionaire property developer Huang Xiangmo, whose permanent residency was cancelled for reasons including character grounds in early February.
<p data-gtm-vis-recent-on-screen-6236702_632="1550404332083" data-gtm-vis-first-on-screen-6236702_632="1550404332083" data-gtm-vis-total-visible-time-6236702_632="4000" data-gtm-vis-has-fired-6236702_632="1">It says the Morrison government's decision to cancel Mr Huang's residency was outrageous and calls for it to be overturned.
The letter appears to be a paid ad.
The letter, which appeared on the front pages of the Sing Tao Daily and Australian Chinese Daily and inside a third, the Daily Chinese Herald on Saturday.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/2/18/Chinese-papers.jpg" alt="">
They came with 128 community groups protesting the decision to effectively bar Huang from Australia after the Australian Secret Intelligence Organisation (ASIO) advised he was "amenable to conducting acts of foreign interference".
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The letter features a smiling photo of Huang atop an image of the Australian flag.
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<div class="_1lC_G">The letter says Mr Huang is an innocent philanthropist and businessman, and that any member of the Chinese community in Australia could share his fate which sees the media and politicians using information from the security services to demonise Huang.</div>
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Huang has calledAustralia's actions those of a "giant baby".
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Billionaire property developer Huang Xiangmo gets front-page local support against ban

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The Chinese property tycoon Huang Xiangmo, whose permanent residency in Australia has been cancelled by officials, has proposed that Australian politicians return his donations to instead be given to charity.
“It is profoundly disappointing to be treated in such a grotesquely unfair manner,” he said, calling the accusations against him “baseless allegations and sheer lies”.
Huang, the 49-year-old Guangdong native, said he no longer held any position or shares at Yuhu Group, the company he founded in Australia after migrating in 2011.
Yuhu's high profile development sites are at Circular Quay and the Gold Coast.
With his wife and son still living in his Mosman mansion, Huang said he “will visit Australia at the appropriate time with the suitable identification,” the South China Morning Post reported.
“The decision of visa cancellation was made based on unfounded speculations that are prejudiced and groundless. This is not the Australia that I believe in – the Australia of freedom, democracy, rule of law and fairness – but I keep my faith in law and justice.”
The Huang case has highlighted growing suspicion in Australia of Communist Party influence on its domestic politics. Australia last year passed sweeping national security reforms via the Espionage and Foreign Interference Act, which broadens the range of activities that would be treated as spying.
He donated $2.7 million to the Labor and Liberal parties, telling political parties on Friday to return his money if they believe it was given inappropriately..
The Australian Security Intelligence Organisation (ASIO) ordered the cancellation of Huang’s residency because it found he was “amenable to conducting acts of foreign interference” and in the past had shown a “willingness” to do so, the Australian Financial Review reported on Thursday.
He said on Friday that scrutiny of his prolific political donations in Australia and positions at pro-Beijing organisations was “prejudiced and groundless”.
Huang said he was now living a “peaceful and happy life” in Hong Kong, where he is believed to have permanent residency.
He was focusing on his investments in the city and others in Thailand, the United States and Britain.
Chinese language newspapers are today reporting that billionaire political donor has appealed the Australian government’s decision to cancel his permanent residency visa. 
The newspaper, The Australian Chinese Daily, reported that Mr Huang appealed the decision last month in the Australian Administrative Appeals Tribunal via a lawyer in Hong Kong.
The report was reprinted in the digital Chinese language news outlet, Sydney Today, which has previously carried columns written by Mr Huang.
Huang said on Friday that his donations had been lawful and made at the request of the recipient parties.
The property developer moved to Australia in 2011 before making his first political donation,  $150,000 to the NSW branch of the ALP during Sam Dastyari's time as party secretary in 2012.
He had stopped all political donations as of July 1, 2016.
The Chinese billionaire is the chairman of the Oceanic Alliance of Promotion of the Peaceful Reunification of China (OAPPRC) and former chairman of the Australian Council for the Promotion of the Peaceful Reunification of China (ACPPRC), both of which advocate the peaceful unification of mainland China and the self-ruled island of Taiwan.
In his Friday statement, he stated that both groups followed the Australian government’s political position regarding the one-China policy that recognises Beijing’s position on Taiwan.
“If I am penalised for promoting the peaceful reunification of China, such penalty is against Australia’s own diplomatic position and international commitment as well as Australia’s fundamental principles of cultural diversity and freedom of speech,” he said.
The ABC reported the decision to ban Mr Huang from Australia was delivered months ago.
Some analysts predicted that Beijing could react angrily if any of its citizens were targeted under legislation designed to crack down on foreign interference. 
But the Foreign Minister Marise Payne has played down the possibility. 
"[China] has not raised it with me and I don't expect to be the subject of a bilateral discussion. These are matters that occur from time to time," she said. 
 
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