Hanoi  - Vietnam turned over a Chinese-American man wanted for embezzling millions of dollars to Hong Kong police, a Vietnamese police officer said Wednesday.

Jimmy Tochin Wu, 41, was transferred to Interpol Hong Kong at the Ho Chi Minh City airport on Tuesday, said Nguyen Anh Tuan of Interpol Vietnam.

In 1994, Wu established the Dor Shing Vietnam Company in the central city of Danang, and asked its parent company in Hong Kong for 4.9 million dollars to fund its operations in Vietnam, according to the newspaper Cong An Nhan Dan.

After sending Wu 2 million dollars, the parent company, Dor Shing Hong Kong, learned that he had not used the money as agreed, but had instead transferred it to his personal bank account and disappeared.

After years of searching for Wu without success, Interpol Hong Kong informed international Interpol, which issued a warrant for Wu in 2001, according to the newspaper.

Wu was arrested in Ho Chi Minh City earlier this year, having changed his name to Ou Jimmy Canh Da, the newspaper said. It said Wu had admitted his guilt to Vietnamese investigators. (dpa)