Parliament, Wade, northwest of Sydney, will hold a special meeting on Tuesday night to vote on an urgent motion by two Liberal city councillor to determine the political future of Zhou Shuo, a young Chinese deputy mayor.
Zhou Shuo
When Zhou Shuo discussed the (Eastwood Shopping Centre) development project of the Yuhu Group Yishi Shopping Center of the Chinese developer Huang Xiangmo at the city parliament, he did not declare his interest in another company of the developer with a 4 million yuan stake, which left him in deep trouble since the media disclosed that Zhou Shuo had discussed the (Eastwood Shopping Centre) development project of the Yuhu Group of the Chinese developer Huang Xiangmo. He not only faces the ICAC (ICAC) investigation, the media also carries on the massive negative report to him recently.
The matter has been agreed by Labour Mayor Rachel (Jerome Laxale), who is close to his relationship, to be handed over to the New State Independent Commission against Corruption (ICAC) for investigation.
However, the motion proposed by the Liberal City councillor requires Zhou Shuo not only to suspend the deputy mayor during the investigation, but also to suspend the mayor.
Eastwood Shopping Center development program, including 15000 square meters of retail and mall space, as well as 409 apartments.
The city parliament planning group approved the 277 million yuan project in August this year. Yuhu Group bought the address for 55 million yuan in 2013 and sought to sell it for 190 million yuan after it was approved for the shopping mall project, which could have brought a profit of 135 million yuan to Yuhu Group. But after being exposed by the media, the Australian subsidiary of China Poly Group, which recently negotiated with Yuhu Group to buy the project, has stopped due diligence on the project before the acquisition.
If the ICAC investigation finds that there is a problem with the examination and approval process, the Yishi shopping center project will be reexamined.
At present, real estate Knight Square (Knight Frank) is acting on behalf of Yuhu Group to sell this development project.
Wade parliament slightly overtook the Labour Party in the seats. Zhou Shuo won as an independent candidate in 12 municipal councillor, but he was a staff member at the New State headquarters of the Labour Party, and his support gave the Labour Party a majority in parliament in Wade. Zhou Shuo`s support led to the election of Rachel as mayor, in return, Zhou Shuo became deputy mayor.
According to sources close to Zhou Shuo, he has returned home from abroad and will try to resist pressure to suspend him during an ICAC investigation on Tuesday night.
