Posts tagged ‘corruption investigation’

30/03/2014

Exclusive: China seizes $14.5 billion assets from family, associates of ex-security chief – sources | Reuters

Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China’s biggest corruption scandal in more than six decades, two sources said.

China's Public Security Minister Zhou Yongkang reacts as he attends the Hebei delegation discussion sessions at the 17th National Congress of the Communist Party of China at the Great Hall of the People, in Beijing in this October 16, 2007 file photo. REUTERS/Jason Lee/Files

More than 300 of Zhou’s relatives, political allies, proteges and staff have also been taken into custody or questioned in the past four months, the sources, who have been briefed on the investigation, told Reuters.

The sheer size of the asset seizures and the scale of the investigations into the people around Zhou – both unreported until now – make the corruption probe unprecedented in modern China and would appear to show that President Xi Jinping is tackling graft at the highest levels.

But it may also be driven partly by political payback after Zhou angered leaders such as Xi by opposing the ouster of former high-flying politician Bo Xilai, who was jailed for life in September for corruption and abuse of power.

Zhou, 71, has been under virtual house arrest since authorities began formally investigating him late last year. He is the most senior Chinese politician to be ensnared in a corruption investigation since the Communist Party swept to power in 1949.

“It’s the ugliest in the history of the New China,” said one of the sources, who has ties to the leadership, requesting anonymity to avoid repercussions for speaking to the foreign media about elite politics.

The government has yet to make any official statement about Zhou or the case against him and it has not been possible to contact Zhou, his family, associates or staff for comment. It is not clear if any of them have lawyers.

via Exclusive: China seizes $14.5 billion assets from family, associates of ex-security chief – sources | Reuters.

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02/01/2014

India Scraps AgustaWestland Chopper Contract on Graft Probe (1) – Businessweek

India scrapped a $753 million deal to buy helicopters from Anglo-Italian company AgustaWestland following a 15-month corruption investigation and said it’s preparing for an arbitration fight it is seeking to avoid.

AgustaWestland EH101 Merlin

AgustaWestland EH101 Merlin (Photo credit: J.Backlund)

The 2010 deal for 12 helicopters from the unit of Italy’s defense and aerospace manufacturer Finmeccanica SpA (FNC) has been terminated “with immediate effect” because of “breach of the pre-contract integrity pact (PCIP) and the agreement,” the Defense Ministry said in a statement in New Delhi yesterday. A former Indian air force chief and about 10 other officials are under investigation over the sale.

Finmeccanica had received notification of a probe in September 2012, and in February India suspended further payments while issuing a so-called show-cause notice seeking AgustaWestland’s defense against bribery allegations. That followed the arrest the same month of a senior Finmeccanica official in Italy on accusations of corruption and tax fraud.

via India Scraps AgustaWestland Chopper Contract on Graft Probe (1) – Businessweek.

01/09/2013

Jiang Jiemin: China corruption probe into top official

There are increasing signs that this time, anti-corruption is being taken very seriously by the Party and government.

BBC: “Chinese authorities have announced a corruption investigation into Jiang Jiemin, the head of the commission that oversees state-owned companies.

File picture of Jiang Jiemin

The supervision ministry said Mr Jiang was suspected of a “serious violation of discipline”. He has not publicly commented on the allegations.

The term is used to refer to corruption by managers of state companies.

President Xi Jinping has vowed to eradicate corruption in China, warning that it threatens the Communist Party.

Recent months have seen several high-profile corruption cases against high-ranking officials, including disgraced senior party official Bo Xilai, who was put on trial for bribery, embezzlement and abuse of power in August.

The verdict in his case is expected “at a date to be decided”. Mr Bo denies all charges.

Until March Mr Jiang was head of the China National Petroleum Corporation (CNPC), which has faced a number of corruption allegations.

Last week it was announced that another four CNPC executives were under investigation for corruption.

Earlier in August the general manager of state-owned phone company China Mobile Ltd was detained in the southern province of Guangdong. He too is being investigated for discipline violations.

Internet users are also increasingly pursuing those perceived as having done wrong through online exposes and campaigns.

But in recent weeks there have been signs that this has worried the authorities, with a number of journalists arrested for “rumour-mongering” and a high-profile blogger arrested.”

via BBC News – Jiang Jiemin: China corruption probe into top official.

See also:

31/08/2012

* Beleaguered official faces netizens online

China Daily: “A senior work safety official’s grin at the site of a deadly traffic accident in Shaanxi province has become a nightmare haunting him.

Yang Dacai, 55, head of the Shaanxi Provincial Bureau of Work Safety, was seen to be grinning in a photo taken after he arrived at the scene of a deadly traffic accident on Sunday in Yan’an, Shaanxi. Thirty-six people were killed when a sleeper bus rammed into a truck carrying a tank of methanol and caught fire.

The photo triggered an online wave of criticism among netizens.

The criticism grew louder when photos of Yang wearing five different watches, including Rolex, Mont Blanc and Radar, were posted online.

Many bloggers questioned how he could afford the costly timepieces and called for a corruption investigation.

On Wednesday night, Yang went online and apologized for the “relaxed” grin, saying that he was just trying to cheer people up after a long trudge to the accident site.

And he defended his innocence regarding the watches, saying he had “used legal income” to buy them over the past 10 years and he had reported the situation to the Party’s disciplinary organization.

Despite this, the Party Discipline Inspection Commission of Shaanxi has started an investigation on Yang, who would be punished if he is found to have violated disciplines or committed corruption, cnwest.com, an online news portal of Shaanxi, reported on Thursday.”

via Beleaguered official faces netizens online |Society |chinadaily.com.cn.

The Internet is continuing to ‘liberate’ Chinese citizens and cede power from (minor) officials.

See also: * How China’s 300m microbloggers are shaking the system (chindia-alert.org)

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