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CPC inspection teams bust malfeasance

Xinhua, April 25, 2016 Adjust font size:

China's anti-graft authorities on Monday published details of malfeasance and rectifications by several central-level departments and state-run enterprises inspected in the fourth quarter of 2015.

They include the Agricultural Development Bank of China, China Federation of Literacy and Art Circles, the People's Insurance Co. (Group) of China Ltd., China Investment Corp. and the Communist Young League Central Committee.

All have made changes based on their feedback, and investigations have been launched into officials suspected of violations or undesirable work styles.

The Agricultural Development Bank of China issued administrative punishments to 343 people in 2015 and 34 people in 2016. A total of 122 senior officials were held responsible for misconduct in 2015.

The People's Insurance Co. uncovered and punished misconduct in the recruitment and promotion of staff, with two people fired for nepotism.

Employees of China Investment Corp. were found to have paid for rounds of golf with public funds, used government vehicles for their own use and bought and used luxurious goods. Those involved have received Communist Party of China (CPC) or administrative punishments including wage cuts and demotion.

Since the 18th CPC National Congress in late 2012, inspection teams have completed eight rounds of inspections, covering all major provincial governments, large state-owned enterprises and central financial institutions. Endi