"Efficiency is beauty" was how Victor Li Tzar-kuoi, the patriarch's first-born, explained it to Fortune magazine a year ago.

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Husky Oil, though still a Canadian company with large oil sands holdings, is controlled by Victor Li, son of Chinese billionaire Li Ka-Shing.

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After Li's eldest son Victor was kidnapped by notorious gangster Cheung Chi-keung in 1996, the tycoon was said to have put in a word at top levels in Beijing. (Li himself brushed off the suggestion.) Mainland police caught Cheung, put him on trial and executed him.

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