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Former China Resources executive under investigation for graft

Published on May 17, 2014 11:19 AM
 

HONG KONG (REUTERS) - A former executive of state-owned China Resources (Holdings) Co. Ltd, a conglomerate of energy, land and consumer businesses in mainland China and Hong Kong, is under investigation, China's top anti-corruption body said.

Mr Wang Shuaiting, vice chairman of China Travel Service (Holding) Hong Kong, is suspected of serious disciplinary violations - Beijing's official jargon for graft - during his tenure at China Resources, the China Central Discipline Inspection Commission said in a one-line statement on its website (www.ccdi.gov.cn).

The probe follows a similar investigation into Mr Song Lin, the ex-chairman of China Resources who has been sacked from his post, according state media.

Such investigations are part of a wider anti-corruption drive launched by President Xi Jinping, who has vowed to tackle pervasive graft, saying he will go after high-flying "tigers" as well as lowly "flies".

 
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