A wealthy businessman allegedly stole $129 million in his homeland and concealed the fortune in New Zealand through complex money laundering transactions, while forging political links to support his controversial citizenship bid.
One transaction is alleged to have been a $2.3 million sum "filtered" through Auckland's SkyCity casino to buy an apartment in the Metropolis tower with cash, while large shareholdings in Kim Dotcom's Mega were held by trusts and companies in other people's names.
William Yan - also known as Bill Liu, Yang Liu and Yong Ming Yan - has made headlines for his links to the previous Labour government and the decision to give him a New Zealand passport, despite having multiple identities and an Interpol alert against his name.
READ MORE: Citizen Yan: The man with many names
The Weekend Herald revealed a raid on his penthouse Metropolis apartment in August when police seized millions of dollars of assets including his 18.8 per cent stake in Mega, the online encryption service founded by Dotcom. No criminal charges have been laid against Mr Yan and his lawyer Paul Wicks, QC, said his client "strongly denies any wrongdoing in any jurisdiction".