Entertainment Center / Comprehensive Report
▲ Ten billion tycoon Zhou Zhuohua “Ximihua” was sentenced to 18 years in prison by the Macau court. (Picture / Taken from the official website of Suncity Group)
Macau casino tycoon Zhou Zhuohua (Xi Mihua) is also the operator of “Suncity Group”. However, in November last year, he was arrested by the police on suspicion of money laundering and cross-border online gambling. Last year, the case took 3 months to finally complete the closing statement. Today (18) the Macau court sentenced him to 18 years in prison.
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According to “Hong Kong 01”, Zhou Zhuohua was sentenced to 18 years in prison for 289 crimes including money laundering, illegal gambling and establishing a criminal group. In fact, he explained in court last year: “There is no criminal intent at all, and there is no criminal reward, so how can there be a criminal motive?” He felt very helpless about being accused.
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And since he was arrested, he quickly resigned from the chairmanship of Suncity Group and Ascension Holdings. The company stated that “Mr. Zhou is no longer the controlling shareholder of the company.”
▲Since his arrest, Zhou Zhuohua quickly resigned from the chairmanship of Suncity Group and Ascension Holdings. (Picture / Recap from heidi.honey IG)
