Episode Details

Canada has issued a nationwide warrant for Wentao Yang, an Alberta businessman accused of hiding $860,000 in offshore consulting income tied to Chinese oil deals — the first criminal probe in Canada sparked by the Panama Papers. Facing nine charges including fraud and false tax returns, Yang allegedly funneled money through foreign accounts before depositing it in Canada, and may now be outside the country. The investigation, triggered by the 2016 leak, has spanned eight years and includes a $770-million deal where Yang allegedly pocketed $11 million without reporting it. Authorities continue searching for him as the case underscores global financial opacity and Canada’s growing efforts to crack down on offshore tax evasion.

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