Shanghai Daily news

The case involving a Chinese banker who fled China after allegedly embezzling one billion yuan (US$128 million) from client accounts has taken a new twist in Canada.

A hearing into the immigration qualification of Gao Shan's family will be held on March 6, a judge from the Immigration and Refugee Board of Canada announced on Thursday, Shanghai Daily reported.

Judge Marc Tessler also said Gao, who has been in detention since he was arrested at a Vancouver home last weekend, will be released under stringent conditions. Bail was set at US$258,524, he must surrender his Chinese passport, and not change his address.