Corruption
Former executives of China's
Shenhua energy under investigation
Source: Reuters - Tue, 23 Dec 2014 09:30 GMT
Author: Reuters
A man stands in front of Shenhua Tower in Beijing,
China, March 21, 2013. REUTERS/Iris Zhao
SHANGHAI, Dec 23 (Reuters) - A former
top executive at a China's largest coal producer has been put under
investigation by the country's top graft busting body, the latest in a series
of corruption cases against high ranking political and business figures.
Former vice president of China Shenhua
Energy Co Ltd Hua Zeqiao is suspected of "serious violations" of the
law, a euphemism for corruption, according to a notice published by China's
Central Commission for Discipline Inspection.
Hua, aged 62, served as vice president
of the company in charge of coal marketing from 2004, according to public
filings on Hong Kong Stock Exchange website.
Another two executives at Shenhua are
also under investigation, the Central Commission for Discipline Inspection said
in a brief statement on Monday.
The probe into Hua follows widening
investigations of officials in the energy sector under President Xi Jinping's
crackdown on corruption.
Earlier on Tuesday, China arrested the
former boss of state-owned Aluminum Corp of China (Chinalco), the country's
largest aluminium producer, and expelled him from the party over graft
allegations.
The campaign has also snared former security
chief Zhou Yongkang, who disappeared from public view in October, while the
government said on Monday that it was also investigating one-a time senior aide
to former president Hu Jintao.
(Reporting by Shanghai Newsroom and
Fayen Wong; Editing by Jeremy Laurence)
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