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GUANGZHOU， Feb. 21 (Xinhua) -- A Singapore-flagged vessel ""Varada Blessing"" was auctioned off for 81 million yuan (12 million U.S. dollars) at Taobao， Guangzhou Maritime Court and higher people's court in south China's Guangdong Province told Xinhua Tuesday.
The vessel， previously owned by Varada One Ptd Ltd， was berthed in the Pearl River estuary following an admiralty dispute.
The ship had been put up on Taobao for auction twice but failed to reach its reserve. In December last year， Guangzhou Maritime Court decided to try again.
The vessel is 332 meters long and 58 meters wide. It has a gross tonnage of 157，000 tonnes.
The auction attracted 33，000 viewers online and received 19 offers from six bidders. Natalia Shipping Co.， Ltd finally won at 81 million yuan.
Courts in China are now auctioning seized property online. More than 120 courts in Guangdong have registered on Taobao's judicial sales platform， with online auction sales by the judicial sector in the province jumping from 100 million yuan in 2014 to 10 billion yuan last year.
ATHENS cheap nike air vapormax flyknit , Sept. 8 (Xinhua) -- French President Emmanuel Macron urged French businesses to invest in Greece to support its effort to overcome the debt crisis, wrapping up his first official visit to Greece on Friday.
"We have been here, we are still present and we will remain here...I would like to express my confidence that French businesses will participate in this effort," the French leader said addressing a meeting between Greek and French business entrepreneurs in Athens.
Approximately 40 CEOs of French giants in business arrived with Macron in the Greek capital on Thursday to explore investment opportunities in Greece.
The attraction of investments is a key element in Greece's plan to exit bailouts cheap nike air vapormax plus , Greek Prime Minister Alexis Tsipras noted during the Greek-French business forum, assuring that his government will continue reforms to create a more business friendly environment.
"We believe that after seven years of a crisis which exposed Europe's weaknesses... Greece can hope again, can stand on its feet again," Tsipras said.
During Friday's forum Greek Economy Minister Dimitris Papadimitriou and Nicolas Dufourq cheap nike hyperadapt 1.0 , chief executive officer of France's Public Investment Bank, signed a memorandum of cooperation for the establishment of a Greek Development Bank.
Under the plan the French side will provide knowhow for the creation of the new entity which will support small- and medium-sized Greek companies.
During talks with Greek political leaders on Thursday several times Macron stressed that France will support Greece to achieve economic recovery, urging all EU member states to restore trust in their relations, support each other and build a stronger EU in coming years.
"We need to find the strength to restart Europe...What France chooses to do today is to discuss this vision and ambition for a stronger Europe cheap nike hyperdunk x ," he said delivering a speech on his vision for the EU's future under the Acropolis hill on Thursday evening.
Highlights of China-Arab States Expo in Yinchuan
Upcoming Teachers' Day celebrated in China
China's Caofeidian port sees cargo throughput up 22.8 pct y-on-y
Lin Dan claims fourth consecutive crown at National Games
In pics: China's future Mars simulation base in Qinghai
Actors perform during acrobatics show in central China's Puyang
Colorful houses seen in N China's beautiful countryside
Spectacular scenery of Hukou Waterfall of Yellow River
GENEVA, June 8 (Xinhua) -- As U.S. investigations probe deeper into FIFA, it is important to understand how U.S. authorities instigated arrests in Zurich in the past two weeks, where nine FIFA officials and five corporate executives were indicted on allegations of fraud cheap nike exp x14 , bribery and money laundering.
In an interview with Xinhua, University of Geneva Law Prof. Margareta Baddeley pointed out: ""U.S. anti-corruption law enables authorities to investigate individuals suspected of private corruption even in affairs which are conducted in foreign countries, if a link with the United States exists.""
To her knowledge, ""the alleged corruption charges affecting FIFA officials would fall under this law as certain payments were made via American banks cheap onitsuka tiger mexico delegation , amongst others.""
According to officials, U.S. legislation can target foreigners if they are in violation of certain laws if a proven link with the country can be established -- this can include wire transfers, emails and phone calls which took place in the United States.
These kinds of cases also take time and a great deal of cooperation given the international scope and the complexity of the charges.
According to Baddeley, the investigations carried out by the U.S. justice system were instigated a few years back cheap onitsuka tiger mexico mid runner , after which a mutual legal assistance request was sent by U.S. authorities to Switzerland.
""Once this was accepted by a Swiss judge, this lead to the arrests conducted by Swiss police,"" Baddeley explained, adding that ""the Swiss justice system cheap onitsuka tiger canvas , under certain conditions, could subsequently agree to extradite those arrested.""
For this to happen, it must be proven that the corruption charges brought against those incriminated are also punishable under Swiss law, ""a point U.S. and Swiss authorities are probably trying to verify at the moment cheap onitsuka tiger serrano ,"" said Baddeley.
Though there has been cooperation between both countries, Baddeley said Swiss corruption laws are not as stringent as in the United States.
""Swiss law prohibits both civil servants (this is not the case of FIFA officials) and private corruption under two conditions: if the corruption is linked to unfair competition and if a complaint is lodged.""
The law professor added that these two conditions are difficult to establish in corruption cases relating to s. Cheap Jerseys Cheap Wholesale Jerseys Cheap Sports Jerseys Wholesale Jerseys Cheap Retro Jerseys Cheap Jerseys From China Cheap Jerseys Online Cheap Jerseys China Free Shipping Cheap Adidas NHL Jerseys Cheap NFL Football Jerseys