China’s Central Commission for Discipline Inspection on Sunday announced the repatriation of banker Xu Guojun to China. Xu fled China in 2001 for the US, where he lived until repatriation.

Xu was the president of Bank of China branches in the southern city of Kaiping. Kaiping, a city in Guangdong province, has a population of about 600,000. Bank of China, a state-owned commercial bank, has approximately US $3 trillion worth of assets.

Xu is accused of corruption and embezzlement of public funds, along with his predecessor Xu Chaofan and his successor Yu Zhendong. According to the Central Commission for Discipline Inspection’s statement, more than US $3 billion have been recovered from the branch presidents’ actions. Yu Zhendong was extradited to China in 2004 and Xu Chaofan was extradited in 2018.

In 2009, Xu Guojun and Xu Chaofan were convicted of racketeering, money laundering, international transportation of stolen property, and passport and visa fraud in a federal court in Las Vegas, according to a US Department of Justice press release. Evidence presented at trial showed that the presidents had laundered money through a series of shell corporations in the Chinese special administrative region of Hong Kong and funneled the money through Las Vegas casinos.

Yu Zhendong pleaded guilty to racketeering in 2004 and was voluntarily returned to China at the time, where he was convicted of bank theft.