2015-02-05

Trading Favors For Sex and Money at SOEs

Low level corruption is being discovered at the SOEs.
China's graft-busters reveal corruption in state-owned firms
The CCDI said some officials with China Unicom "collude with contractors or suppliers, using their power to seek money or sex" in a statement released on its official website.

According to the latest inspection results, certain leaders of energy company Shenhua Group manipulate their power in the coal trade to gain "black gold".

Other issues including buying and selling of official positions, wining and dining at public expense, and helping relatives open business to obtain illegal profits, were discovered in China Huadian Corporation, Dongfeng Motor Corporation and other enterprises.

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