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  • August 21, 2014
  • Last updated: 8:32am
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Results 1 - 10 of 14 for income

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  1. 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

    ... 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 ... and the illegal income could amount to billions of yuan. In a typical case, a member of the interbank market would sell bonds to an affiliated institution at an artificially low price before the affiliate ...

  2. 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

    ... horrifying. Scholars have long been saying 'grey income' and money from corruption together account for more than 30 per cent of China's GDP, but that's too much," said Hu ... Through his business partner Wu Bing's company, Zhou Bin and Zhan Minli invested in two hydropower stations on the Dadu River. Annual income from selling electricity from one of the two ...

  3. News - China - CORRUPTION

    Students ask Lanzhou mayor to reveal income

    Posted Dec 07th 2012, 12:00am by LAURA ZHOU

    ... Two mainland university students have written to the authorities in Lanzhou, the capital of Gansu province, asking for details of the city mayor's income to be made public. Lanzhou ... for details of Yuan's income last year. The Communist Party's anti-graft watchdog in Gansu said it was verifying details of the situation after photos and blogs about Yuan wearing luxury ...

  4. News - China - CORRUPTION

    China to start spot checks on officials’ asset declarations

    Posted Jan 03rd 2014, 03:54pm by Reuters in Beijing

    ... public pressure to improve transparency around officials’ wealth, following a wave of scandals involving assets ranging from luxury watches to houses. The party’s internal income declaration system for dates back to 1995, and officials have been required to submit a broader range of information including personal income, family assets and relatives’ emigration records for the past ...

  5. Business - China Business - CORRUPTION

    Graft busters zero in on Sinopharm

    Posted Jan 13th 2014, 12:27am by Langi Chiang, Eric Ng

    ... stocks in industries expected to benefit from Beijing's policies to boost domestic consumption. "As China's population is ageing and people's income rises, demand ...

  6. News - China - CORRUPTION

    Time runs out for ‘Brother Watch’ Yang Dacai

    Posted Aug 30th 2013, 12:46pm by STEPHEN CHEN

    ... beyond the possible income of the 56-year-old public servant, who chaired the provincial administration of work safety from 2011. Yang said he had only accepted bribes totalling 250,000 yuan from ... told prosecutors yesterday. Other family assets included about 1.9 million yuan in "household income", 1.45 million yuan in revenue from his wife's restaurant, three million yuan ...

  7. News - China - CORRUPTION

    'Brother Watch' official with expensive taste gets 14 years' jail for graft

    Posted Sep 05th 2013, 12:31pm by Keith Zhai

    ... the party's discipline rules". During a one-day trial last week, prosecutors told the court that Yang's huge fortune was far beyond the possible income of a public servant at his level, who ...

  8. Sport - Soccer - CORRUPTION

    Players accused of soccer match-fixing in Australia fear for their safety

    Posted Sep 21st 2013, 12:00am by AP

    ... pieced back together and identified incoming payments of more than A$230,000 since June. Poynder said Gsubramaniam told police the money was to pay for player wages, accommodation and car hire. ...

  9. News - China - CORRUPTION

    Guangdong's asset declaration scheme falls short, critics say

    Posted Feb 05th 2013, 12:00am by Teddy Ng

    ... Teddy Ng teddy.ng@scmp.com Guangdong's pilot programme to unveil salaries of officials does not include privately gained wealth or account for their families' incomes Declaration ... But income from other sources and the assets of officials' family members were not disclosed. Guangdong had earlier chosen three locations – Zhuhai's Hengqin New Area, Guangzhou's ...

  10. News - China - CORRUPTION

    Two village officials investigated over links to 11 properties worth 100m yuan

    Posted Jan 14th 2013, 12:00am by Fiona Tam

    ... of the properties were purchased with legitimate income before he worked as a village official, but Xinhua reported that most of the properties had been bought after the two were appointed. Huang has been ... to Zhou Weisi could not have been bought on his official income alone. Zhou denied owning most of the properties and called the incident a personal attack against him by villagers involved ...




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