PetroChina boss under probe

CLAMPDOWN: PetroChina chairman Jiang Jiemin is being investigated over "suspected serious disciplinary violations", a term used by officials as a euphemism for corruption.


    Sep 02, 2013

    PetroChina boss under probe

    A HIGH-RANKING Chinese official who oversees state-owned firms is being probed for "serious disciplinary violations", the official media reported yesterday, as the country's new leaders intensify a clampdown on corruption.

    The investigation of Mr Jiang Jiemin follows several graft cases against top officials and the dramatic trial of fallen Communist Party heavyweight Bo Xilai for alleged bribery, embezzlement and abuse of power.

    In a brief dispatch, the state-run Xinhua news agency said Mr Jiang "is being investigated over suspected serious disciplinary violations", a term used as a euphemism for corruption by officials.

    The 58-year-old - who is oil-and-gas company PetroChina's chairman and the general manager of its parent company, China National Petroleum Corporation - is known in the industry as a man who aims for "big-ticket" deals and political status.

    He rose to prominence with the support of Mr Zhou Yongkang, China's former domestic security chief, who retired earlier this year from the elite Politburo Standing Committee.

    On Friday, Hong Kong's South China Morning Post newspaper said China's senior leadership had agreed to open a corruption investigation into Mr Zhou.

    Mr Jiang has a seat on the party's central committee, which has more than 200 members.