Chinese Red Notice fugitive turns himself in

BEIJING -- Liu Baofeng, one of China's most wanted graft fugitives, has returned to China and turned himself in 18 years after fleeing overseas, China's top anti-graft authority announced Sunday.

Liu, former general manager of a local branch of Huatai Securities in Shenzhen, is suspected of embezzlement, according to a statement by the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission.

Liu is the 59th of China's top 100 fugitives listed on the Interpol Red Notice who have returned to China, it said.

Born in 1966, Liu fled overseas in November 2001.

In April 2002, prosecutors issued an arrest warrant for Liu, and he was listed on the Interpol Red Notice in July 2002, according to the statement.

Liu's return showed China's resolve to hunt down corrupt fugitives, read the statement, adding that authorities will continue to intensify the pursuit of those suspected of duty crimes and step up efforts to recover stolen assets in the financial sector and state-owned enterprises.