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  • April 19, 2014
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  1. Taipei vows to continue hunt for fugitive ex-arms dealer

    Posted May 05th 2010, 12:00am by Lawrence Chung

    ... listed as one of Taiwan's top 10 most wanted fugitives over his alleged role in the murder of navy captain Yin Ching-feng and a series of kickback and corruption scandals implicating Taiwan, France and the mainland. Wang left Taiwan shortly after Yin- who was about to blow the whistle on alleged kickbacks and corruption in the navy's purchase of six French frigates- was found ...

  2. Watchdog acts on landing-slot corruption

    Posted Jul 15th 2010, 12:00am by Charlotte So

    ... The mainland's aviation watchdog will reinforce a crackdown on rampant corruption in the allocation of landing slots at major airports, which may lead to more arrests of regulatory officials and employees of mainland airlines. 'The Civil Aviation Administration of China [CAAC] will put more effort and resources into probing and uprooting the source of corruption ...

  3. Graft worsens at state-owned firms

    Posted Dec 22nd 2004, 12:00am by Shi Jiangtao

    ... Shi Jiangtao Officials in SOEs account for more than 40pc of corruption cases on mainland More than 40 per cent of mainland corruption cases during the past two years have involved ... regulations on SOE reforms, the state prosecutor was quoted by Xinhua as saying yesterday. Of more than 25,000 SOE staff investigated and punished on corruption charges between the start of last year ...

  4. Business - Companies - ACQUISITIONS

    Shuanghui Intl's Smithfield purchase may raise US hackles

    Posted May 30th 2013, 12:00am by Reuters

    ... company since CNOOC offered to buy Unocal for about US$18 billion (HK$139.7 billion) in 2005. The state-controlled energy company later withdrew that bid under US political pressure. Like similar ...

  5. Comment - Insight & Opinion

    Nexen deal shows how Chinese firms can do business in US

    Posted Mar 18th 2013, 12:00am by John Gong

    ... that direct investment capital flows from China are not always subject to political hijacking, as many on the mainland claim. This acquisition came under US jurisdiction because of the Canadian ... political pressure, the process itself remains mostly bipartisan, as it adheres to a set of pre-determined principles unrelated to politics. The committee typically examines the national security ...

  6. Business - Commodities

    ICAC raids China Mining Resources office over failed deal

    Posted Feb 05th 2013, 12:00am by Toh Han Shih

    ... Toh Han Shih hanshih.toh@scmp.com ICAC raids China Mining office over failed deal The Independent Commission Against Corruption searched the head office of China Mining Resources in Hong Kong on January 15 and seized books and records in relation to an aborted acquisition, the company announced yesterday. "Since the acquisition did not materialise, the board believes ...

  7. Business - Companies

    Appetite fades for corporate purchases

    Posted Apr 10th 2013, 12:00am by Ray Chan

    ... the two annual meetings of the country's legislators and political advisers, he added. On a bright note, Ha said slowing lending on the mainland was likely to benefit the local capital pool ...

  8. Official cars drive through all attempts to curtail their use

    Posted Nov 08th 2010, 12:00am by Wang Xiangwei

    ... 300 billion yuan each year on purchasing and maintaining luxury vehicles to be driven in comfort and style. The total spending of 600 billion yuan on the two signs of official corruption ...

  9. Further NT$740m linked to Chens

    Posted Nov 29th 2008, 12:00am by Lawrence Chung

    ... that they had wired abroad. In the latest development of the corruption scandal implicating ex-president Chen Shui-bian and his family, a businesswoman admitted yesterday that she had helped Mr Chen's wife, Wu Shu-chen, deliver that amount of cash in late 2006. Tu Li-ping, a board member of Yuanta Securities, told Taipei District Court that during an anti-corruption campaign against Mr ...

  10. Politics and capital collide over Potash

    Posted Sep 07th 2010, 12:00am by Kevin Rafferty

    ... commercial and political ramifications, not least because the company was originally founded in 1975 by the government of Saskatchewan, and later privatised. There is a strong feeling locally ...




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