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  • September 20, 2014
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  1. News - China - CORRUPTION

    State-appointed business managers face huge cuts in pay and perks

    Posted Sep 04th 2014, 05:10am by Keira Lu Huang

    ... Keira Lu Huang keira.huang@scmp.com Hundreds of top executives to be affected by reforms to remuneration Mainland details pay cuts for SOE chiefs Future professional managers ... years- roughly 13 times the average salary of ordinary staff. He also confirmed that in future, state corporate management would comprise both government-appointed representatives as well ...

    http://www.scmp.com/news/china/article/1584686/state-appointed-business-managers-face-huge-cuts-pay-and-perks
  2. News - China - CORRUPTION

    Bai Guizhi, ex-head of Suzhou Industrial Park, probed for graft

    Posted Sep 20th 2014, 04:31am by Alice Yan

    ... in Jiangsu. He has a master's degree in engineering management from Zhengzhou University. The group was originally part of the China-Singapore Suzhou Industrial Park project, which was launched ...

    http://www.scmp.com/news/china/article/1596369/bai-guizhi-ex-head-suzhou-industrial-park-probed-graft
  3. News - China - CORRUPTION

    Extent of corruption in municipal bodies poses 'biggest obstacle' in battle against graft

    Posted Sep 15th 2014, 05:44am by Staff Reporter

    ... also recently charged with bribery and embezzlement. They received cash and gifts from companies in exchange for recommending a brand of fire door for construction projects. They also received ...

    http://www.scmp.com/news/china/article/1592652/extent-corruption-municipal-bodies-poses-biggest-obstacle-battle-against
  4. News - China - CORRUPTION

    Chinese officials told to avoid WeChat's red packets as graft busters fear web-based bribes

    Posted Sep 05th 2014, 01:41pm by WU NAN, LAURA ZHOU

    ... "Technically, in order to inspect the cash sent via the WeChat app, its developer, Tencent, has to give out all the users' data. That would be a serious violation of privacy," a senior manager ...

    http://www.scmp.com/news/china/article/1585780/chinese-officials-told-avoid-wechats-red-packets-graft-busters-fear-web
  5. News - China Insider - CORRUPTION

    Beijing cracks down on its 'naked officials'

    Posted Aug 29th 2014, 08:23pm by Jeremy Blum

    ... the country must undergo “rigorous vetting procedures,” and will only be allowed to travel on government passports. In certain cases they may need to temporarily let their private passports be managed ...

    http://www.scmp.com/news/china-insider/article/1581807/beijing-cracks-down-its-naked-officials
  6. News - China - CORRUPTION

    Zhang Dongsheng, former general director of NDRC finance department, in corporate bond sales probe

    Posted Aug 14th 2014, 03:04am by Reuters, Daniel Ren

    ... people will eventually be involved in the investigations." The authorities and financial regulators last year uncovered a clutch of unethical money managers who pocketed huge, illicit gains via illegal bond trading on the interbank market. Fund managers from fixed-income departments of several financial institutions, including Citic Securities, Wanjia Asset Management and Guosen ...

    http://www.scmp.com/news/china/article/1573062/zhang-dongsheng-former-general-director-ndrc-finance-department-corporate
  7. News - China - CORRUPTION

    Former boss of Shanghai-based food giant arrested by anti-graft inspectors

    Posted Aug 12th 2014, 12:07pm by LAURA ZHOU

    ... Before resigning as chairman of Bright Food in November citing health problems, Wang was a top executive in several state-owned companies in Shanghai. He is the former general manager ...

    http://www.scmp.com/news/china/article/1571966/shanghai-anti-graft-campaign-nets-former-chairman-two-state-owned-firms
  8. News - China - CORRUPTION

    How much wealth had Zhou Yongkang's family amassed before the former security tsar's fall?

    Posted Aug 08th 2014, 04:55am by Keira Lu Huang, LAURA ZHOU

    ... hundreds of millions of yuan, documents show. With a master's degree in international management studies from the University of Texas at Dallas, Zhou Bin returned to China in the early 2000s, ... with the China National Petroleum Corporation (CNPC), where Zhou Yongkang had been the de facto boss for a long time, including for a project to upgrade the retail management systems of its 8,000 gas ...

    http://www.scmp.com/news/china/article/1568634/keeping-it-family
  9. News - China - CORRUPTION

    ‘President Xi Jinping seeks his place in history – among the party greats’

    Posted Jul 30th 2014, 11:37pm by Keith Zhai

    ... Xi's anti-corruption drive has claimed at least 36 officials of vice-ministerial or higher rank- seven more than his predecessor Hu Jintao managed in his first three years. "This ...

    http://www.scmp.com/news/china/article/1563061/president-xi-jinping-seeks-place-history-alongside-deng-xiaoping-say
  10. News - China - CORRUPTION

    Is Ling Jihua target of graft probe? Brother-in-law of the ex-Hu Jintao aide detained

    Posted Jul 22nd 2014, 12:37am by Keith Zhai

    ... was at a June 26 meeting discussing a water management project, according to the local official newspaper Yuncheng Daily. "Wang Jiankang has asked for leave," said a staff member at his ...

    http://www.scmp.com/news/china/article/1557124/ling-jihua-target-graft-probe-brother-law-ex-hu-jintao-aide-detained

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