Officials unable to explain assets worth ‘hundreds of millions of yuan’
One official, detained in October, was unable to explain the ownership, along with his family members, of 42 apartments and deposits and stocks worth more than 200 million yuan (about HK$250 million).

Guangdong anti-graft investigators have revealed more details about the province’s top-ranked officials suspected of corruption, with some unable to explain the source of hundreds of million yuan in assets, the New Express reported.
Zhong Shijian, deputy head of Guangdong’s Commission for Discipline Inspection, said yesterday 95 senior officials in Guangdong, including bureau and departmental heads, were detained by anti-corruption investigators last year.
This was an increase of 1.5 times on the number of officials detained by the commission in 2013.
Guangdong had detained more high-ranking officials than any other province in China, Zhong told yesterday’s group discussion at the annual session of the provincial Chinese People’s Political Consultative Conference.
Zhong said some officials faced allegations of colluding with property developers and businessmen and failing to explain the source of huge assets.
In some case rampant corruption involving the leadership of a city had been uncovered.
