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  • July 23, 2014
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  1. News - China - CORRUPTION

    Ex-Mongolia party officer gets life imprisonment for taking millions in bribes

    Posted Jul 17th 2014, 02:12pm by AFP

    ... was charged with taking more than 10.73 million yuan (HK$13.5 million) in bribes between 2005 and last year in exchange for securing business deals for companies and promotions for individuals, ...

  2. News - China - CORRUPTION

    Three Gorges Corp probes wayward officials

    Posted Jun 17th 2014, 06:20pm

    ... the company had sealed documents relating to previous contract bids for possible investigation, and asked its senior executives’ relatives to report any business activities in areas it covers. Two relatives had voluntary opted to withdraw from such business as of March, it added. In an effort to prevent corruption and boost transparency, the company had installed hidden cameras in three ...

  3. News - China - CORRUPTION

    Railway official gets suspended death sentence for taking 70 million yuan of bribes

    Posted Jun 18th 2014, 12:53pm by WU NAN

    ... 70 million yuan (HK$87 million) worth of bribes in the form of various currencies, gold and luxury watches, China Business News reported. Lin, from Fuzhou in Fujian province, ... businesswoman Ding Shumiao since 2007, the paper reported. He earned millions of yuan from the business with Ding, who was also a major contributor to Liu’s bribes. Major coal mines in Ordos city make ...

  4. News - China - CORRUPTION

    Shanxi governor Li Xiaopeng vows to fight corruption amid rash of probes

    Posted Jun 22nd 2014, 04:39am by Adrian Wan

    ... discipline, the China Business Journal reported on its website, citing Shanxi organisation department secretary Tang Tao. The latest arrests underscore the widening crackdown on corrupt officials ...

  5. Business - Companies - CORRUPTION

    China Resources sealed billions in deals without tenders, auditor finds

    Posted Jun 21st 2014, 03:14am by Eric Ng

    ... investors by deploying it in property development projects. A further 4.1 billion yuan raised through 23 trust products sold to investors were used in the bond repurchase business instead ...

  6. Business - China Business - CORRUPTION

    China among riskiest places to do business

    Posted Feb 12th 2014, 12:50am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com Prospect of bribery rises amid tighter focus by overseas regulators and economic slowdown China among riskiest places to do business China is one of the riskiest countries in the world and a place where companies would avoid doing business because of the prospect of corruption, a recent survey by international business advisers AlixPartners found. ...

  7. Business - China Business - CORRUPTION

    Foreign pharma executives mull China exit after GSK graft probe

    Posted Jun 14th 2014, 04:19am by Reuters

    ... Others are thinking of going for good. While the crackdown has been building for a year, police shocked the foreign business community a month ago when they filed corruption charges against Mark ...

  8. News - China - CORRUPTION

    Sincere Holding denies chairman Wu Xu is subject of graft inquiry

    Posted May 29th 2014, 04:27am by Keith Zhai

    ... Party anti-corruption investigators over his alleged business links to the state-run conglomerate China Resources, the Economic Observer reported. The government's anti-graft watchdog ...

  9. News - China - CORRUPTION

    Top National Energy Administration official held in widening graft probe

    Posted May 18th 2014, 05:20am by STEPHEN CHEN, TIFFANY AP

    ... Century Business Herald, a bi-weekly mainland newspaper, did not name. Xu entered the civil service in his early twenties at the state planning commission and worked his way up the ranks. He ... as to why he was being investigated. "I'm just like you. I only saw the notice last night," Yiu said. "I don't think it will affect the business because it seems to have ...

  10. News - China - CORRUPTION

    Ninth official at centre of graft probe in Shanxi

    Posted May 15th 2014, 02:11pm by STEPHEN CHEN

    ... in the latest anti-graft campaign. Shanxi has one of the largest coal reserves in China with officials at various levels said to be dipping fingers into the coal business, such as mining, ...




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