China Corruption Blotter (March 13, 2015)
Friday, March 13, 2015 at 7:08AM
Hui Zhi in Deng Dimin, Hu Haolong, Li Xiaoming, Liao Junde, Lin Chuxin, Liu Zhenjian, Peng Shu, Zhongn Jinsong

Li Xiaoming, chairman of Hubei Renxin Real Estate Development Co Ltd and a delegate to the 12th Hubei Provincial People’s Congress, is being investigated for paying bribes to several government officials including Deng Dimin, former head of the Jingzhou City Urban and Rural Planning Bureau, in exchange for land use permits. http://www.eeo.com.cn

The deputy head of Guandong provincial Finance Department, Lin Chuxin, has been detained by prosecutors for suspected bribe-taking. http://www.chinanews.com

Peng Shu and Hu Haolong, respectively chairman and general manager of state-owned Hunan Gaoguang Investment Co Ltd, were both given death sentences for receiving bribes and embezzling public funds involving $63 million in total. They have also engaged in insider trading and leaked secretive stock trading information. http://news.xinhuanet.com

Liao Junde, deputy general manager and director of Hunan Changgao High Voltage Switchgear Group Co Ltd, has been detained by prosecutors on suspicion of paying bribes on behalf of the company. Details of his alleged bribery are not released immediately. The company’s major clients include State Grid Corp and China Southern Power Grid. http://www.bjnews.com.cn

Zhong Jinsong, former general manager and deputy party secretary of state-owned Guangdong Rising Assets Management Co Ltd, has been expelled from the party and dismissed from public office for suspected bribe-taking. http://paper.nandu.com

Liu Zhenjian, former director of the United Front Work Department in Heze city, was on trial for taking bribes nearly $1.38 million to seek benefits for others in job promotions, land allocation and project awarding. http://sd.sdnews.com.cn

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

Article originally appeared on The FCPA Blog (https://www.fcpablog.com/).
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