Canada-wide warrant issued for Vancouver man linked to Panama Papers

2 weeks ago 33

Article content

A Canada-wide arrest warrant has been issued for Wentao Yang, a Vancouver man accused of owing money to the Canada Revenue Agency.

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

Unlimited online access to articles from across Canada with one account.
Get exclusive access to the Vancouver Sun ePaper, an electronic replica of the print edition that you can share, download and comment on.
Enjoy insights and behind-the-scenes analysis from our award-winning journalists.
Support local journalists and the next generation of journalists.
Daily puzzles including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

Unlimited online access to articles from across Canada with one account.
Get exclusive access to the Vancouver Sun ePaper, an electronic replica of the print edition that you can share, download and comment on.
Enjoy insights and behind-the-scenes analysis from our award-winning journalists.
Support local journalists and the next generation of journalists.
Daily puzzles including the New York Times Crossword.

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account.
Share your thoughts and join the conversation in the comments.
Enjoy additional articles per month.
Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

Access articles from across Canada with one account
Share your thoughts and join the conversation in the comments
Enjoy additional articles per month
Get email updates from your favourite authors

Sign In or Create an Account

Article content

Yang was charged on Nov. 12, 2025, with offences including tax evasion and fraud, as an individual and as director of the resource company Kailas Energy Corp. He hasn’t appeared in court, so the arrest warrant has been issued.

Article content

According to the CRA, an investigation into Yang began after the 2016 Panama Papers leak, in which millions of documents were released that showed a sophisticated global network existed in which money was hidden through various shell companies and other methods.

Article content

“The CRA alleges that Yang facilitated the acquisition of multiple Canadian oil-and-gas assets by investor groups in China,” said the CRA. “During the 2015 and 2016 taxation years, Yang failed to report consulting fees, and Kailas failed to report consulting fees for the 2015 taxation year. These transactions were done in such a way as to obscure the source of the funds by using several transfers, including through foreign bank accounts, before being deposited into Canadian accounts held by the accused.”

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Advertisement 1

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Bdtype.

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.bdtype.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article