Don’t miss the latest developments in business and finance.

China investigates 2 energy officials over bribes

Image
AP Beijing
Last Updated : May 21 2014 | 10:00 PM IST
Two high officials at China's National Energy Administration are under investigation on suspicion of taking bribes, prosecutors announced today.
The Supreme People's Procuratorate said in one-line statement that it has placed restrictions on the movements of Hao Weiping, chief of the nuclear power bureau, and Wei Pengyuan, deputy chief of the coal bureau.
State media have reported that investigators found as much as 1 billion yuan (USD 160 million) in cash at Wei's home. Wei's coal bureau overseas policies to make coal a cleaner source of energy.
The announcement comes a year after the director of the energy administration, Liu Tienan, was fired over corruption allegations. An investigation of Liu is continuing.
Chinese President Xi Jinping has made it a hallmark of his administration to fight corruption, which he says threatens the survival of the ruling Communist Party. The anti-graft campaign has expanded in scope and depth, as China's leadership seeks to counter public distrust.

More From This Section

First Published: May 21 2014 | 10:00 PM IST

Next Story