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  • November 25, 2014
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Results 1 - 10 of 56 for state-owned enterprises

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  1. News - China - CORRUPTION

    SOE chiefs could be next target of anti-graft campaign

    Posted Aug 22nd 2014, 04:30am by MANDY ZUO

    ... Mandy Zuo mandy.zuo@scmp.com Are they next target of anti-graft campaign as first Xi, now Xinhua attack pay and perks? SOE chiefs' fancy cars and meals in spotlight State media have started to roll out articles lambasting the luxurious lives of senior executives at state-owned enterprises (SOEs)- a clear indication, observers say, that President Xi Jinping not only plans ...

  2. News - China - CORRUPTION

    State firms paid half the bribes rail executive Luo Jinbao received

    Posted Dec 30th 2012, 12:00am by Li Jing

    ... the bribes About half of the bribes taken by a former top railways executive came from other state-owned railway companies, prosecutors have said, painting a damning portrait of rampant corruption ... and former deputy chief engineer Zhang Shuguang. A source from the railways sector told Caixin Century Weekly that bribing regional bureau chiefs was a common practice for state-owned railway ...

  3. News - China - CORRUPTION

    Crime more rampant in private sector than China's state-owned firms in 2013: report

    Posted Jan 06th 2014, 12:22pm by Zhang Hong

    ... Zhang Hong hong.zhang@scmp.com Bribery tops list of state-owned firm executives' wrongdoing, while misuse of public funds a common thread between two sectors There were more private-sector entrepreneurs reported to have committed crimes such as fraud or fund scams than their counterparts in state-owned enterprises last year, a report issued on Monday showed. The Chinese ...

  4. News - China - CORRUPTION

    Former oil company chief and protégé of ex-security tsar Zhou Yongkang is latest graft probe target

    Posted Sep 01st 2013, 11:29am by Raymond Li

    ... Raymond Li raymond.li@scmp.com Jiang Jiemin, now head of agency overseeing state-owned enterprises, was a protégé at oil giant of former security tsar Zhou Yongkang Ex-CNPC chief is new graft probe target The head of a cabinet agency overseeing the 100 largest state-owned enterprises is being investigated for corruption in what appears to be a widening probe into the state oil ...

  5. News - China - CORRUPTION

    Inquiry gives 'ridiculous' answer to boss's wine extravagance

    Posted Feb 05th 2013, 12:28pm by Ernest Kao

    ... Ernest Kao The head of a state-owned enterprise, who was the subject of a disciplinary investigation after being accused by netizens of consuming 12 bottles of red wine during a meal, said ... municipal State-owned Assets Supervision and Administration Commission (Sasac) launched a probe in January. It found that Zhou and his guests “only drank six bottles”. The other six, it said, were ...

  6. News - China - CORRUPTION

    Chinese graft busters launch 'targeted' inspections of government and state firms

    Posted Nov 18th 2014, 04:33pm by Andrea Chen, Mimi Lau

    ... round of inspections this year would start soon. This time the commission has 13 ministries and state-owned enterprises in its sights, including China Radio International, energy giants Sinopec ... 'targeted' inspections The Communist Party's anti-graft watchdog has warned its probes are to become more "targeted and focused" ahead of the latest round of inspections of state-owned ...

  7. News - China - CORRUPTION

    Probes find new problems at Three Gorges Corp, State Grid and China Southern Power Grid

    Posted Jun 17th 2014, 03:57am by Keith Zhai and Keira Lu Huang

    ... Keith Zhai and Keira Lu Huang Irregularities found at state-run power firms Authorities appear to have tightened their hold on the largest state-owned enterprises, in the latest effort ... and the nation's two largest electricity grid operators- the State Grid Corporation of China and the China Southern Power Grid Company- had uncovered numerous irregularities and possible corruption. ...

  8. News - China - CORRUPTION

    Senior Chongqing official Tan Xiwei under investigation for corruption

    Posted May 03rd 2014, 03:00pm by Minnie Chan

    ... observers said the reshuffle appeared a "very serious matter". "It takes fairly unusual circumstances for two top executives at a state-owned enterprise to be removed on the same ... Cao Guangjing was made Hubei's deputy governor, while Chen Fei, who was general manager, was made deputy director of the Three Gorges Construction Office, which is overseen by the State ...

  9. Business - China Business - CORRUPTION

    Bribery probe into Three Gorges leaders under way

    Posted Feb 19th 2014, 01:33am by Toh Han Shih

    ... [state-owned enterprise], indicating the current anti-corruption drive aims at fighting corruption in a wide range of sectors." Company chairman Cao Guangjing admitted there were problems, saying ...

  10. News - China - CORRUPTION

    PLA cracks down on housing, cars in anti-graft campaign, offical report says

    Posted Feb 15th 2014, 05:25pm by Reuters in Beijing

    ... regulator of state-owned enterprises and energy minister. The personal involvement of Xi, who doubles as chairman of the Central Military Commission, in the military’s fight against corruption ...




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