|
CHINA / Regional |
14 investigated for Shanghai fund scandal(Xinhua)
Updated: 2007-06-14 16:12 CHANGCHUN -- Chinese prosecutors are investigating 11 cases involving allegations against 14 people connected to Shanghai's social security fund scandal, a procurator said Thursday. Those under investigation included Zhu Junyi, former director of the Shanghai Municipal Bureau of Labour and Social Security; Qin Yu, former director of Shanghai's Baoshan District; and Sun Luyi, former deputy secretary-general of the Shanghai Municipal Committee of the Communist Party of China (CPC). Lu Yingru, deputy procurator of the People's Procuratorate of Jilin Province, said former Shanghai Electric Group chairman Wang Chengming and vie-president Han Guozhang,, former chairman of the Shanghai Fuxi Investment Holding Co. Ltd. Zhagn Rongkun, and eight others were also under investigation. He said that the local procuratorate investigated the cases "with the guidance of the CPC Central Commission for Discipline Inspection and the Supreme People's Procuratorate". But Lu would not disclose further details. Former Shanghai Party chief Chen Liangyu was sacked last year from his post for his involvement in the Shanghai social security fund scandal. Officials are accused of misappropriating 3.7 billion yuan (483 million U.S. dollars) from the fund to invest in risky real estate, road and other projects. |
|