The head of one of China's major state-owned firms is being investigated by the country's anti-graft authority, the body said today, following allegations of graft made by a domestic journalist.
China Resources chairman Song Lin is being probed for "suspected serious violations of discipline and law", China's Central Commission for Discipline Inspection said in a brief statement on its website.
The jargon used in the statement would suggest a corruption investigation has been launched.
A journalist with China's official Xinhua news agency, Wang Wenzhi, last July accused Song of "corruption involving a huge amount" and has since made further allegations.
Song has denied any wrongdoing.
China Resources, a Fortune Global 500 company, is a conglomerate operating in sectors including retail, property, finance and electricity.
Communist Party authorities have been waging a much-publicised anti-graft campaign in the year since President Xi Jinping came to power.
But critics say no systemic reforms have been introduced to increase transparency to help battle endemic graft.
