Canada-wide arrest warrant issued for Vancouver man linked to Panama Papers
Wentao Yang faces tax evasion and fraud charges after a CRA investigation triggered by the 2016 Panama Papers leak.
The day's top stories, food & events — every morning at 7. Unsubscribe anytime.
A Canada-wide arrest warrant has been issued for Wentao Yang, a Vancouver man accused of owing money to the Canada Revenue Agency. Yang was charged on November 12, 2025, with tax evasion and fraud both as an individual and as director of the resource company Kailas Energy Corp. He has not appeared in court.
The CRA's investigation into Yang began after the 2016 Panama Papers leak, which exposed millions of documents showing a global network of hidden money through shell companies and other methods. According to the CRA, Yang facilitated the acquisition of multiple Canadian oil-and-gas assets by investor groups in China.
During 2015 and 2016, Yang failed to report consulting fees, and Kailas failed to report consulting fees for 2015. The CRA alleges these transactions were deliberately structured to obscure the source of funds by routing them through multiple transfers, including foreign bank accounts, before being deposited into Canadian accounts held by the accused.
The facts
Who is the subject of the Canada-wide arrest warrant?
Wentao Yang, a Vancouver man, is the subject of the warrant.
What charges does Wentao Yang face?
Wentao Yang faces tax evasion and fraud charges both as an individual and as director of Kailas Energy Corp.
When was Wentao Yang charged?
Wentao Yang was charged on November 12, 2025.
What triggered the CRA investigation into Wentao Yang?
The 2016 Panama Papers leak triggered the Canada Revenue Agency's investigation into Wentao Yang.
