By Amy Chen, with reports from Duncan Anderson
A Canadian forestry product exporter is suing one of China’s State-owned logging companies operating in British Columbia for allegedly supplying “80% rotten logs” and tricking the exporter into assuming the forestry company’s debts and tax obligations while failing to pay workers, according to a lawsuit filed at New Westminster law courts.
Baljit Gill, the founder and CEO of Surrey, BC-based Northcrest Energy Corp(NEC) is seeking damages of over $4 million from Richmond, BC-based Canada Forest Industrial Group Ltd (CFIG), its subsidiaries, and directors XueDian Liu, XinLin Huang, Ian Mallmann, Ling Jin, Jiaming Zhu, Wei Jiang and Paul Zhang – a prominent West Vancouver Realtor with Nu Stream Realty.
XueDian Liu, is listed as the President and CEO of both CFIG and and XZX.
Gill alleges that CFIG’s Chief Financial Officer Xinlin Huang of leading her to believe that CFIG was a major player who could supply …