A judge on Thursday issued a furious order targeting a Chinese billionaire and ally of Steve Bannon, a member of Donald Trump’s inner circle, ordering him to either pay $134m or face arrest for his violation of a previous court order.
In a ruling, a judge from the New York County Supreme Court excoriated Guo Wengui for hiding billions of dollars’ worth of assets around the US and elsewhere including in the form of a superyacht named the Lady May. Judge Barry Ostrager faulted Mr Guo in his ruling for hiding the craft outside of US jurisdiction in the Bahamas in violation of a previous order.
