WHAT UTTER DRIVEL …
THIS guy is critical of our robust laws … what about looking at those in nearby provinces?
WHAT about rules of evidence, disclosure, independence of the law and the judicial system?
IF there were reasons to believe the ATO got it wrong, why doesn’t he and his company produce the goods and prove it?
SEARCH CAAN WEBSITE to find out more about Huang Xiangmo … his connections to the CCP, Political Donations to the Major Parties … and more …
Chinese billionaire Huang Xiangmo says ‘dark forces’ behind his $141m tax bill
By Kevin Nguyen
23 OCTOBER 2019
The Chinese billionaire at the centre of a political corruption inquiry has launched a scathing attack on the Australian Taxation Office (ATO), which is pursuing him in court for $141 million.
Property developer Huang Xiangmo published a lengthy statement on his personal website accusing the ATO of being motivated by “unknown dark forces”.
He also claimed the Australian Security Intelligence Organisation (ASIO), and the media, of conspiring against him.
Mr Huang said his treatment was akin to attacks by “White Supremacists”.
“The ATO is believed to be a professional government agency with some integrity but it really pains and saddens me that it has now surrendered itself to the pressure of some unknown dark forces, almost allowing itself to become a tool for political persecution against me,” he wrote.
The ATO had last month successfully launched a bid in the Federal Court to freeze his assets, which included a mansion in the upmarket suburb of Mosman, which was purchased for $12.8 million in his wife’s name.
They accuse him of “grossly understating” his income and transferring more than $47 million out of Australia to avoid paying taxes.
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Mr Huang said the ATO had “deliberately concealed from the court and the public” information which gave the impression he was moving money out of the country.
“These funds were actually normal working capital recently transferred into Australia from abroad, instead of the amount already parked in my Australian accounts,” he said.
A spokesperson for the ATO said the agency could not comment on specific cases due to taxpayer confidentiality.
“However, the ATO administers the taxation and superannuation laws fairly, and taxation laws require the Commissioner of Taxation to administer taxation laws independently,” it said.
“The ATO operates under the common law principle of natural justice, to act fairly and without perceived or actual bias.”
The spokesperson said any person dissatisfied with their assessment could seek an external review.
Mr Huang also lashed out at ASIO for cancelling his permanent residency in December on the advice of security agencies.
He said in his statement also denied he had ever been a spy or an “agent of influence” for the Chinese Communist Party (CCP).
CAAN: SEARCH for more about Huang Xiangmo … agent of influence for the CCP on our Website
Last month, the NSW Independent Commission Against Corruption (ICAC) heard evidence Mr Huang had given an illegal $100,000 cash donation to NSW Labor in an Aldi shopping bag.
Those allegations triggered the resignation of NSW Labor’s state secretary Kaila Murnain.
NSW Labor subsequently announced an independent review into party operations.
The ICAC is yet to deliver its findings in the inquiry but Mr Huang said his “name has been cleared”.
He said he hoped the commission would one day investigate corruption inside ATO and other “dark forces”.
“Such concerted effort, with its magnitude across and beyond, would be unexplainable without the involvement of a ‘deep state’,” he said.
ASIO told the ABC it had no comment about Mr Huang’s statement.