In June 2013 Tony Abbott, Stuart Robert and Ian Macfarlane were given $250,000 worth of watches by Chinese billionaire Li Ruipeng. But it wasn’t reported by the media until 2016.
“Macfarlane, assuming his Rolex was a fake worth between $300 and $500, declared the gift with the clerk of the House of Representatives but kept it (“and wore it occasionally,” says the Herald Sun).“
Ian Macfarlane eventually had his watch valued at $40,000 and it was said his watch was not as valuable as the watches given to Tony Abbott and his wife Margie. So an estimated guess is that the 2 watches that Tony Abbott received were worth at least $100,000 in total. Abbott said he thought the watches were fake and declared them but eventually gave them back.
If Shanghai Tony really thought the watches were fake then why did he originally keep them? It’s just not believable. And declaring them at $500 each when they are really worth $50,000 each or more is clearly taking a bribe. As we know business people do not give gifts like that unless they want something in return and Tony Abbott knows that. Looks like Shanghai Tony was being set up with a bribe to be a “a patsy for the Chinese government” and was happy to do so.
With all the recent allegations of the Liberal Party and the Labor Party taking bribes off the Chinese then Tony Abbott would have been fully aware of who he was going to the function with.