 In addition, Ni also set up a series of corporations under the "Sun Wave" umbrella, many of which were shell corporations which never had operational activities.It was alleged that Liu used his influence to secure a $100-million loan from The Export-Import Bank of China and the China Minsheng Bank in Ni's purchase of the New Skeena Pulp Mill located in the city of Prince Rupert, an asset that was already indirectly under the control of Ni through one of his corporate vehicles.In 1999, Liu was appointed as the Vice-Chairman of State Development Planning Commission, an agency that oversaw regulations for some state-owned enterprises.