NewsChina
ANTI-CORRUPTION DRIVE

Former vice-president of PCCC kicked out of Communist Party after graft probe

PUBLISHED : Monday, 26 May, 2014, 1:31pm
UPDATED : Tuesday, 27 May, 2014, 9:01am
 

A former senior executive at a state-controlled energy company on the mainland has been expelled from the Communist Party for alleged corruption.

Huang Baodong, who was a vice-president at Power Construction Corporation of China, abused his position and accepted huge bribes, according to a statement released by the anti-graft division of the government body that oversees state-owned enterprises.

His case had now been handed over to prosecutors, the State-owned Assets Supervision and Administration Commission said. He has also been barred from public office.

Huang was detained at Beijing Capital International Airport as he prepared to fly abroad on business, according to three sources close to the company.

The Shanghai-listed firm, with businesses that include dam construction and power-generating equipment, announced on March 7 that Huang had resigned for personal reasons.

He is the latest senior official in the energy sector to be detained as part of the government's wide-ranging crackdown on corruption.

At least 10 senior officials and executives at state-owned power companies have been detained over the past year, including Xu Yongsheng , the deputy director of the National Energy Administration, and the former general manager of Guangdong Power Grid, Wu Zhouchun.

The sources said Huang's detention was believed to be linked to the case of a former assistant governor at the Export-Import Bank of China, Dai Chunning. Dai oversaw loans for major projects and corporate business at the bank and was detained in December for alleged corruption.

Huang had been managing his company's international business when he quit in March, the sources said.

The supervision and administration commission began investigating the company last month.

The commission, which is controlled by the State Council, said last month it would devote more time and energy to internal investigations.

Share

 

Send to a friend

To forward this article using your default email client (e.g. Outlook), click here.

Enter multiple addresses separated by commas(,)

For unlimited access to:

SCMP.com SCMP Tablet Edition SCMP Mobile Edition 10-year news archive