China takes custody of Prince Group founder Chen Zhi after extradition from Cambodia

Custody shift limits foreign prosecution access

Change
China took custody of Prince Group founder Chen Zhi following extradition from Cambodia despite US indictment on fraud charges.
Why it matters
The transfer places Chen under Chinese jurisdiction, constraining access for foreign investigators and complicating cross-border enforcement actions.
Implications
  • Foreign prosecutions face access constraints — custody control shifts to China
  • Asset recovery and evidence sharing delayed — enforcement timelines extend
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Source
View on The Guardian

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