A broad assault on corruption in China is being led by Wang Qishan, a member of China’s Politburo Standing Committee and President Xi Jinping’s right-hand man.
NANCHANG, China—When Wang Qishan, China’s top graft-buster, dispatched a dozen investigators to this south China river town last summer, his message was clear: The investigators should inspire “shock and awe” among local officials, according to an account posted on a government website.
Anti-Corruption Drive Headed by a Heavy-Handed Communist Party Loyalist
Mr. Wang’s inspectors told local media they had settled in at a government-owned hotel. Within days, hundreds of residents lined up to give evidence about what they viewed as wrongdoing by corrupt local officials. Complaints also flooded in via the Internet, according to officials with knowledge of the matter.
“The leadership realizes that if they don’t stop massive corruption, the regime will collapse.”
— Huang Jing, a China specialist at National University of Singapore
Yang Peng, a restaurateur, says he told investigators he was jailed and tortured because of his association with an enemy of an important local mandarin who was accused of rigging the sale of a steel mill in exchange for kickbacks. Read the rest of this entry »
A look at the extensive business interests of Zhou Yongkang, after the former security chief was placed under formal investigation, shattering the decades-old political taboo of not prosecuting the highest ranking Communist Party officials for corruption.
HONG KONG — A billionaire Chinese petrochemical entrepreneur on Monday became the fifth senior industry figure in a week to become enmeshed in a corruption investigation that continues to reach higher into China’s political and economic elite.
The entrepreneur, Hua Bangsong, 47, is “now assisting the relevant authorities in the P.R.C. in their investigations,” according to a filing made late Monday to the Hong Kong Stock Exchange by Mr. Hua’s company, Wison Engineering Services.
A crackdown on corruption in China has intensified in recent weeks, focusing on the oil industry. Mr. Hua’s company is one of the largest nonstate contractors to the oil and gas industry in China, and counts the China National Petroleum Corporation, or C.N.P.C., as one of its biggest customers.