Zeng Xin, former chairman of Nanning Agricultural Industrial and Commercial Group Co., Ltd, has been expelled from the party and dismissed from office for taking bribes and abusing power. Zeng’s predecessor Song Futian, currently deputy head of the Agriculture Committee of Nanning’s People’s Congress, was also expelled for bribery.… Continue Reading
Xu Caihou, the former vice chairman of China’s Central Military Commission (CMC), has been expelled from the Communist Party of China (CPC) and his case sent to prosecutors for a court martial, the CPC Central Committee announced on Monday. … Continue Reading
Chinese authorities have seized assets worth at least $14.5 billion from retired domestic security chief Zhou Yongkang as part of a wide-ranging corruption investigation.
Shanghai-based Wison Engineering Services Co. said Friday that its chairman was arrested by Chinese police for “alleged bribery activity.”
After the Chinese oil-engineering provider was informed of Chairman Hua Bangsong’s arrest through his family, the company issued a statement to the Hong Kong Stock Exchange.… Continue Reading
Hong Kong-listed Wison Engineering, one of the companies implicated in the graft scandal engulfing China’s oil and gas sector, said authorities have seized the company’s records and frozen its bank accounts.… Continue Reading