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  • April 24, 2014
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  1. News - China - CORRUPTION

    China seizes US$14.5b assets from family, associates of ex-security chief Zhou Yongkang

    Posted Mar 30th 2014, 02:18pm by Reuters

    ... Reuters in Beijing Sources close to the graft investigation in to retired domestic security tsar Zhou Yongkang say anti-corruption authorities have confiscated assets worth at least 90 ... tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades, two sources said. More than 300 of Zhou's relatives, political allies, ...

    http://www.scmp.com/news/china/article/1460962/china-seizes-us145b-assets-family-associates-ex-security-chief-zhou
  2. News - China - CORRUPTION

    Doubts raised over the rapid academic rise of the 'Mayor of Tea'

    Posted Mar 13th 2014, 01:16pm by DARREN WEE

    ... Darren Wee darren.wee@scmp.com A state media report has questioned how the former deputy governor of Yunnan province, at the centre of a corruption investigation, was swiftly made a professor with only limited qualifications Doubts have been cast over the rapid academic rise of a former top government official from Yunnan who is under investigation for corruption, according ...

    http://www.scmp.com/news/china/article/1447715/doubts-raised-over-rapid-academic-rise-mayor-tea
  3. News - China

    Sinopec employee ‘accused of accepting bribe’ over engineering contract

    Posted Mar 11th 2014, 02:00pm by DARREN WEE

    ... Darren Wee darren.wee@scmp.com Official was reported to the authorities after his wife found out he was having an affair, Beijing Television reported An employee at a subsidiary of the state-owned oil company Sinopec has been accused of accepting a bribe ...

    http://www.scmp.com/news/china/article/1446046/sinopec-employee-accused-accepting-bribe-over-engineering-contract
  4. Comment - Insight & Opinion

    China's resolve to root out corruption must not flag

    Posted Apr 23rd 2014, 12:48pm by Hu Shuli

    ... Hu Shuli Hu Shuli says the government must not give in to voices of caution. Without controlling graft, the reforms it seeks will get nowhere China's resolve to root out corruption must not flag despite the resistance Since assuming power, China's new leadership has focused on curbing official excess, enforcing discipline and combating corruption. Its latest ...

    http://www.scmp.com/comment/insight-opinion/article/1495032/chinas-resolve-root-out-corruption-must-not-flag
  5. News - China - CORRUPTION

    China Resources shares slide as chairman Song Lin is sacked and faces corruption probe

    Posted Apr 22nd 2014, 11:51pm by Eric Ng, Zhuang Pinghui, Andrea Chen

    ... Eric Ng, Zhuang Pinghui and Andrea Chen Subsidiary China Resources Power sees the sharpest slump after parent company's former chairman is investigated for corruption Shares slide ... conglomerate's former chairman, Song Lin, had been sacked and the mainland's graft watchdog had started investigating him for corruption. China Resources Power (CRP), the largest of the five ...

    http://www.scmp.com/news/china/article/1494721/china-resources-shares-slide-chairman-song-lin-sacked-and-faces
  6. News - China - CORRUPTION

    Liu Han corruption case highlights extensive and tangled web of bribery

    Posted Apr 21st 2014, 03:21am by Keith Zhai

    ... the matter's sensitivity. So far, Xinhua has reported only that three junior police officers in Sichuan, Liu's home province, have been convicted of corruption and covering up gang activities, ... for corruption investigations, while the Chengdu official remains in office after he returned the gift to authorities and assisted their investigation of the Zhous, another source said. Investigators ...

    http://www.scmp.com/news/china/article/1492363/liu-han-corruption-case-highlights-extensive-and-tangled-web-bribery
  7. News - China - CORRUPTION

    China Resources chairman Song Lin sacked in corruption scandal

    Posted Apr 20th 2014, 05:24am by Staff Reporters

    ... violations". It made him one of the most senior state enterprise chiefs formerly based in Hong Kong to be toppled for corruption. The dismissal was prompted by an online exposé four days earlier ... But on Thursday night, the central government's top anti-corruption agency said it was investigating. Song's downfall was expected... then it happened that his affair was exposed Li Jianjun, ...

    http://www.scmp.com/news/china/article/1490128/china-resources-chairman-song-lin-sacked-corruption-scandal
  8. News - China Insider - CORRUPTION

    Lawmaker accused of rape by TV anchor sentenced to 11 years for corruption and fraud

    Posted Apr 16th 2014, 01:23pm by Andrea Chen

    ... for corruption and fraud Legislator in rape scandal jailed 11 years for fraud A rich businessman and former lawmaker from Heilongjiang province accused of rape by a former television anchorwoman was sentenced to 11 years in prison for corruption and fraud, state media reported on Tuesday. A local court in Shuangcheng city gave Sun Dejiang, a former member of the city’s municipal People’s ...

    http://www.scmp.com/news/china-insider/article/1483763/lawmaker-accused-rape-tv-anchor-sentenced-11-years-corruption-and
  9. Business - Banking & Finance - UNITED KINGDOM

    UK fraud prosecutor seeks extra funds for Libor, other cases

    Posted Jan 31st 2014, 01:24pm by Reuters in London

    ... Reuters in London Britain's Serious Fraud Office is seeking additional funds as it faces a shortfall because of the costs of pursuing a number of high-profile cases Britain’s leading fraud prosecutor needs an extra 19 million pounds (HK$244 million) ...

    http://www.scmp.com/business/banking-finance/article/1417934/uk-fraud-prosecutor-seeks-extra-funds-libor-other-cases
  10. Comment - Insight & Opinion

    Xi’s crackdown on corruption won’t lead to a more open society

    Posted Apr 14th 2014, 09:33pm by NORA SAUSMIKAT, Chang Ping

    ... Nora Sausmikat and Chang Ping Nora Sausmikat and Chang Ping say political infighting and maintaining stability remain priorities Xi's crackdown on corruption won't lead ... transparency surrounding the political elite's assets. When Xi started his anti-corruption campaign against the tigers and flies, he began by targeting the so-called "Shanghai circle"- ...

    http://www.scmp.com/comment/article/1482104/xis-crackdown-corruption-wont-lead-more-open-society

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