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  • September 21, 2014
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  1. News - China - CORRUPTION

    China seizes 88 fugitives in overseas 'fox hunt' for financial criminals

    Posted Sep 21st 2014, 02:45pm by AP

    ... Associated Press in Beijing Ministry of Public Security says 35 of those were 'persuaded' to return to the country China’s Ministry of Public Security on Sunday said 88 fugitives wanted on charges of corruption and other economic offences have b ...

    http://www.scmp.com/news/china/article/1597412/china-captures-88-financial-suspects-hiding-overseas-amid-global-fox-hunt
  2. News - China - CORRUPTION

    Politician at centre of Sichuan graft probe 'helped relatives, friends, secure lucrative land deals'

    Posted May 08th 2014, 03:13pm by Zhang Hong

    ... and friends buy land cheaply, according to a media report. Li's brother bought land near the site of an administrative centre in Chengdu before the project was officially announced and later sold ... but highly successful in securing land with huge appreciation potential, said the report. Li's brother bought several hundred mu of land near the city's new administrative centre ...

    http://www.scmp.com/news/china/article/1507390/politician-centre-graft-probe-helped-relatives-friends-secure-lucrative
  3. Business - China Business - CORRUPTION

    Top executives from Chinese shoemaker Ultrasonic missing

    Posted Sep 18th 2014, 05:57am by Reuters

    ... with claims of falsified financial statements and other dubious practices. "Most of the company's cash funds at [People's Republic of China] and Hong Kong levels have been transferred, ... financial officer Au Yeung Ho-yin had resigned, adding that nothing related to his decision needed to be brought to shareholders' attention. Shares in Nuoqi, which has a market value of US$78 ...

    http://www.scmp.com/business/china-business/article/1594868/top-executives-chinese-shoemaker-ultrasonic-missing
  4. News - China - CORRUPTION

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

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

    ... director of CEIBS Lujiazui International Finance Research Centre, said simply cutting pay and perks would not end corruption. "The ultimate solution is to break the administrative monopoly, ...

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

    New graft chief John Sevilla in front line against corruption at Philippines customs

    Posted Sep 03rd 2014, 09:58pm by AFP

    ... for an earlier career with global financial giants. "I was not prepared for this. I was not prepared to come into customs at all," Sevilla said, holding his head in mock woe during a tour ...

    http://www.scmp.com/news/asia/article/1584581/john-sevilla-front-line-against-corruption-philippines-customs
  6. News - China - CORRUPTION

    Deputy chief of CCTV's popular drama station placed under investigation

    Posted Aug 16th 2014, 02:30am by WU NAN

    ... direction from the Beijing Broadcasting Institute, now known as the Communication University of China. He worked for decades in CCTV's cultural and art centre, becoming a deputy director at the centre's television and film department. The department was responsible for buying TV drama series for the whole network before the organisation was restructured, Caixin reported. In 2010, after ...

    http://www.scmp.com/news/china/article/1574470/cctv-channel-8-deputy-director-under-investigation
  7. News - China - CORRUPTION

    Shanxi Party chief to be sidelined as anti-graft campaign sweeps province

    Posted Aug 30th 2014, 02:04pm by Keith Zhai, Keira Lu Huang

    ... of the Shanxi sweep was Zhang Xinming, once the province's richest man. Zhang is the founder of Shanxi Jinye Coking Coal, the company which is at the centre of a controversial deal with China ...

    http://www.scmp.com/news/china/article/1581958/shanxi-party-chief-be-sidelined-replaced-amid-anti-graft-campaign
  8. News - China - CORRUPTION

    China Resources Power president and Shanxi tycoon detained by authorities

    Posted Aug 26th 2014, 11:42pm by Keira Lu Huang, Angela Meng

    ... at the centre of the controversial deal. In 2012, CRP paid Zhang's company 7.9 billion yuan to buy three coal mines and related assets. Minority CRP shareholders last year launched a lawsuit ...

    http://www.scmp.com/news/china/article/1581011/china-resources-power-president-and-shanxi-tycoon-detained-authorities
  9. News - China - CORRUPTION

    China Resources' former top auditor detained on state secrets charge

    Posted Aug 25th 2014, 10:51am by Keira Lu Huang, Patrick Boehler

    ... the report provided by Huang, Song arranged [for others to commit] financial fraud to prepare for the audit results," said Li, who also acquired the report after it was leaked. "He also ...

    http://www.scmp.com/news/china/article/1580513/china-resources-former-top-auditor-detained-state-secrets-charge
  10. News - China - CORRUPTION

    Drug chief reclassified herb to benefit his province, anti-graft official claims

    Posted Aug 13th 2014, 05:05am by Zhuang Pinghui, CECE ZHANG

    ... Mingli, head of the then State Food and Drug Administration from 2005 to 2012, on Weibo. The administration oversees the Chinese Pharmacopoeia Commission, the body at the centre of the plant ... prices before passing them off as jinyinhua grown in the north, he said. Lu said Shao stood for the interests of certain companies and ignored the financial interests of southern growers ...

    http://www.scmp.com/news/china/article/1572431/drug-chief-reclassified-herb-benefit-his-province-anti-graft-official

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