A drab, bluish-green glass office tower just north of Toronto, 50 Minthorn Blvd. is unassuming save for a “Bank of China” sign that sits atop the eight-storey building.
But inside, on the first and second floors, is the footprint of companies tied to one of China’s most high-flying oligarchs, Xiao Jianhua.
Beijing security agents whisked the Chinese-Canadian billionaire from the Four Seasons Hotel in Hong Kong in a wheelchair five years ago.
He hasn’t been heard from since. A Global News investigation has found the companies, Unexus Group and WinnerMax Capital, are at the centre of a Byzantine network of corporations connected to Xiao’s family, including his wife and brother-in-law, which have invested over $154 million in real estate across the Greater Toronto Area since 2015.