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$3.94B in embezzled funds recovered
BEIJING - China's
National Audit Office (NAO) said it had recovered 26.77B yuan ($3.94B)
of fund, which was found embezzled in 2007, by the end of October last
year. (Xinhua)
China Mobile swamp subscribers
BEIJING - Profit-mad
branch companies of China's largest mobile phone operator,
China Mobile, have sent a huge number
of junk commercial ads to their subscribers, swamping them with the
useless or even illegal messages. (CRI) MORE:
China investigates 76,500 fake food cases in 2008
Athletes 'faked their age'
Debtors’ information released
BEIJING -
China's Supreme People's Court (SPC) launched an online blacklist of
about 6 million people and organizations that have failed to fulfill
court orders. The publication of the names is aimed at pressuring those
who refuse to meet their legal obligations and enhance a sound
commercial system, according to the official
SPC website. (Xinhua)
Governor resigns
TAIYUAN -
Meng Xuenong
governor of north China's Shanxi Province, resigned from his post in the
wake of the deadly mud-rock flow that had killed 254. Zhang Jianmin,
vice governor of Shanxi was removed from his post at the same session.
The provincial people's congress also appointed
Wang Jun
as the acting and deputy governor. (Xinhua)
PREVIOUS:
Mudslide toll climbs:
Death toll at 151
Official sentenced to death
CHONGGING
- The former transport chief of a poverty-stricken southwest China
county was sentenced to death for taking bribes totaling 22.26 million
yuan ($3.18M US) from road contractors. . (Xinhua)
Bank
says terrorist ties 'unfounded'
LOS
ANGELES - Bank of China Ltd., the country's third-biggest bank, said
allegations that it helped Middle Eastern terrorist groups by
transferring millions of dollars to Hamas and Islamic Jihad are
``completely unfounded''. (Bloomberg)
PREVIOUS:
Zahavi
v. Bank
of China
.pdf
China drug supervision officials
BEIJING - China
reported 64,000 drug supervision officials working for 2,692 drug
regulatory departments by the end of 2007, said a white paper
published on Friday by the Information Office of the State Council.
By the end of 2007, there had been more than 97,000 drug safety
coordinators and more than 514,000 information specialists in rural
areas. A total of 578,000 stations of rural drug regulatory network
had been established, the paper said. (Xinhua)
More arrests in slave scandal
BEIJING - China
announced more arrests and a provincial governor apologized Friday as
the government stepped up efforts to try to show it was responding to a
growing slave labor scandal. (AP)
PREVIOUS:
Calls for resignations over China slave
scandal
China's child slavery in Brick Factories
Hundreds of brickwork slaves freed in China
China death sentence for
killing slave
Stolen copper is major SA export
CAPE TOWN -
The South African
city of Cape Town has launched a major crackdown on people who steal
copper electricity wires. The copper is sold to scrapyards, which
then export it to China. Last year, $10m-worth of copper was sold
- the city's second biggest export to China after fruit - even
though the region has no natural copper reserves. (BBC)
Shanghai boss removed from party
BEIJING -
The former Communist Party leader of Shanghai has been expelled from
the party, state media reports. Chen
Liangyu was also sacked from
all his government positions, according to state television. .
(BBC)
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Chinese company, exec indicted
WASHINGTON - The US
government slapped sanctions on a Chinese metals company and six Iranian
companies suspected of collaborating on a scheme to transfer missile and
nuclear technology from China to Iran. (Reuters)
Pyramid scheme
BEIJING - The accused,
who all worked for the Yilin Wood Company, were alleged to have
defrauded more than 22,000 investors of 1.68B yuan ($246M) by promising
high returns on sales of forestry plantations. (Xinhua)
Drug crime increase
BEIJING - China's drug
enforcement authorities saw an increase in drug-related crimes last year
with about 73,000 people arrested in more than 62,000 cases. (Xinhua)
PREVIOUS:
Illegal drug
trade in China
EU
awards rights prize
BRUSSELS -
The European Parliament has
awarded a prestigious rights prize to jailed Chinese dissident
Hu Jia
on the eve of a key Beijing summit and despite pressure from Beijing not
to honour him. (AFP)
MORE:
China voices strong dissatisfaction to
EU's award to criminal
A fitting honour
Sakharov Prize 2008
Sakharov Prize
China
kicks out member of top legislature
BEIJING -
Song Dexi, former director of Urumqi Railway Bureau, was kicked out of
the legislature because he was suspected of committing serious crimes,
the fourth session of the 11th NPC Standing Committee revealed on Friday
as it closed. (Xinhua)
PREVIOUS:
Mismanaged funds
Auditors find 117 cases of official embezzlement
Tougher penalties on officials 'unexplained assets'
China controlling more of US economy
NEW YORK - China has
been making increasingly aggressive investments in some of the world's
most prestigious financial companies in recent months - most of them
American. (AP) COMMENT:
Greed stampede
Customs brokers charged in counterfeit scheme
NEW YORK - Private
brokers licensed by the government to clear commercial imports
participated in a scheme to flood the U.S. market with fake Nike
sneakers, Rolex watches and other Chinese-made counterfeit products,
authorities said. (AP)
Top court overturns 15% of death sentences
BEIJING -
The
Supreme People's Court
(SPC) overturned about 15% of the death sentences handed down by
high courts in the first half of this year, a senior court official
said on Thursday. (Xinhau) PREVIOUS:
Capital
punishment in China
Chinese bankers in lottery loss
BEIJING - Two Chinese bank workers
have been sentenced to death for stealing nearly $7M from the bank's
vault - and losing almost all of it on the lottery. The
theft, from the state-owned Agricultural Bank of China in the
northern province of Hebei, is reported to be China's biggest ever.
(BBC) RELATED:
Ex-KMT leader acquitted
East China city official indicted for taking bribes
China wants death penalty for damage to electricity
infrastructure
Fake Chinese
Communist official arrested
Misconduct found at 3 Chinese banks
BEIJING - Auditors
have found misconduct affecting 15.5 billion yuan, or $2 billion, at
three of China's biggest banks, the country's auditor general reported.
(AP) MORE:
Audit says $1.9B missing
Sinopec Chief abruptly resigns amid corruption rumors
China banks hit for
illicit loans
China, Russia called lax on piracy
GENEVA -
International corporate giants accused China and Russia yesterday of
being the worst countries for business piracy and counterfeiting "by a
large margin." (Reuters) MORE:
Global survey on counterfeiting and
piracy
China breaks up piracy ring
China
busts fake drugs gang
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