Canada-wide arrest warrant issued for B.C. man exposed in Panama Papers
Authorities say Yang faces nine charges after a CRA probe tied to the Panama Papers leak and repeated court no-shows.
- On Tuesday, the Canada Revenue Agency issued a Canada-wide arrest warrant for Vancouver resident Wentao Yang after he repeatedly failed to appear in court on tax evasion and fraud charges.
- Authorities charged Yang on November 12, 2025, with nine counts of tax evasion and fraud as an individual and director of Kailas Energy Corp, alleging he failed to report consulting fees during 2015 and 2016.
- The CRA investigation began following the 2016 Panama Papers leak, with officials alleging Yang facilitated Canadian oil and gas acquisitions for investors in China while obscuring fund sources through foreign bank accounts.
- Property raids in 2018 conducted by the CRA, RCMP, and West Vancouver Police targeted assets linked to Yang and his wife, Rong Catherine Lu, strengthening the enforcement case.
- The CRA identified nearly 900 Canadian individuals and corporate entities during a 2019 initiative targeting offshore tax avoidance networks, positioning Yang's case within a years-long enforcement effort against Panama Papers-linked schemes.
27 Articles
27 Articles
Man Who Facilitated Chinese Acquisition of Canadian Oil Assets Wanted for Tax Evasion
A Canada-wide arrest warrant was issued this week for an individual linked to the “Panama Papers,” a trove of leaked financial records that detailed the use of offshore companies by individuals later investigated for potential tax offences. The Canada Revenue Agency (CRA) said in a statement that the warrant was issued against Wentao Yang of Vancouver, B.C., on July 13 after he repeatedly failed to appear in court. Yang formerly resided in Calga…
Arrest warrant issued for man accused in Panama Papers after he fails to show up for court
An Alberta businessman who quietly teed up hundreds of millions of dollars in oilpatch deals is wanted on a Canada-wide warrant after he failed to appear in court on tax-evasion charges stemming from the Panama Papers. Calgary's Wentao Yang is the first person known to be charged in Canada in relation to the huge 2016 leak of tax-haven financial records.
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