Ex-chairman of state-owned China Resources to face bribery, embezzlement, adultery charges
Song Lin's expulsion from Communist Party paves way for former head of conglomerate with five Hong Kong listed subsidiaries to be charged, China's graft watchdog says
A former chairman of China’s state-owned conglomerate China Resources is to be charged with taking bribes, embezzling company funds and adultery.
Song Lin's expulsion from the Communist Party had paved the way for the former head of the conglomerate with five Hong Kong-listed subsidiaries to face charges, China’s graft watchdog said on Friday.
He was also removed from all official posts, the Central Commission for Discipline Inspection revealed on its official website.
The graft watchdog said the cases involving Song had been transferred to prosecutors.
Song was alleged to have taken bribes to help promote his subordinates and seek profits for his business partners, the CCDI announcement said. He had also reportedly spent company funds to play golf, it added.
The announcement did not specify how much money was alleged to have been involved, or provide further details about the claim of adultery.
Another former China Resources executive who left the company in 2011, Wang Shuaiting, had also been expelled from the party over allegations of bribery, the CCDI said in a separate announcement on Friday.
Wang was chairman of the listed subsidiary of China Travel Service (Holdings) Hong Kong before he was placed under graft investigation.
Song was detained as part of the corruption inquiries in 2014.
Scandals reportedly linked to the former chairman emerged after an independent journalist accused him of overpaying for a number of Shanxi coal mines in its 7.9 billion yuan acquisition deals.
He Jintao, the elder son of the former CCDI head, He Guoqiang, was also placed under house arrest during the investigations into Song, sources told the South China Morning Post last year.
He Jintao was said to have played a part in the case.
