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FCPA Blog Daily News

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Friday
Feb202015

China Corruption Blotter (February 20, 2015)

Former head of Guangdong Provincial Department of Science and Technology, Li Xinghua, went on trial for taking $6.54 million in bribes from companies in exchange for government subsidies. LED lighting manufacturer Dongguan Kingsun Optoelectronic Co Ltd allegedly offered Li company shares worth $1.4 million. The company’s chairman Li Xuliang has resigned after being named by the court as a bribe-giver. http://www.nbd.com.cn

Former chairman of state-run Guangdong Rising Assets Management Co Ltd, Li Jinming, was found to have seriously violated party disciplines by abusing his position for personal gain and accepting bribes. Li has been expelled from the party and removed from office. http://kb.southcn.com

Qi Wenchao, the former deputy head of the Political Department of now-defunct Railways Ministry, was tried for accepting bribes of $4.2 million while serving as the head of Chengdu Railway Bureau. In return, Qi sought benefits for the alleged bribe-givers including Sun Yaming, a former journalist with the China Youth Daily, and state-owned China Railway 17th Bureau Group Co Ltd. http://news.xinhuanet.com

Fang Xiping, former party chief of Huainan City in Anhui Province, has been arrested on charges of accepting bribes and abuse of power. http://news.xinhuanet.com

Hao Linjie, the former deputy general manager of state-owned Henan Coal Chemical Industry Group Co Ltd, was sentenced to 16 years and six months over crimes of bribery and embezzlement. He stole company funds through expenses reimbursements and took bribes from executives of the Hebi Coal Industry (Group) Co Ltd. http://news.xinhuanet.com

Xu Mengjia, the former party chief of Ya’an, a city in Sichuan Province which was struck by a deadly earthquake in 2013, was sentenced to 16 years in prison after being found guilty of taking bribes worth $898,000 from many companies seeking business favors. He also abused his power in land development projects. http://sichuan.scol.com.cn

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Hui Zhi is the Senior Manager for Content with the China Compliance Digest.

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