Former Chinese power company boss goes on trial on corruption charges

The former chief executive and chairman of China Resources Power Holdings is standing trial on allegations of corruption, the Chinese authorities said.

Wang Yujun was put on trial on August 12 in Zhenjiang, a city in the eastern province of Jiangsu, the country’s procuratorate said in a statement on its website.

Wang is accused of seeking profit for others, illegally accepting other people’s assets and embezzling public money using his various official roles.

The statement did not say when a verdict would be issued.

China Resources Power Holdings is one of the listed units of state-owned China Resources Holdings, a conglomerate of energy, land and consumer businesses in mainland China and Hong Kong.

An investigation into the conglomerate has ensnared at least seven senior executives, including the chairman Song Lin.