The sentencing hearing of a Chinese businessman has been adjourned to next Monday.

53-year-old Aidong Zhang has been found guilty of Obtaining Property by Deception and Money Laundering of $1.2 million.

Between 1st June 2014 and 31st January 2016, Zhang deceptively obtained property and engaged directly or indirectly in money laundering, amounting to more than $1.2 million.

Zhang took money from his business partner on the pretext of buying a property being sold at $5.5 million instead of its actual price of $3.3 million.

Justice Salesi Temo has made a request to the State Counsel to bring a copy of the victim’s impact statement which is fundamentally crucial in this case.

The court heard that the maximum fine is $120, 000 or twenty years imprisonment.

Zhang is remanded until the 23rd of this month.