SOE execs under graft scanner

Appointment system blamed for failure to check abuse of power

The country's top anti-graft watchdog pledged yesterday to target corrupt executives of State-owned enterprises (SOEs) after dozens were netted last year.

"We will push ahead with investigations and try to curb corruption in SOEs in restructuring, mergers and acquisitions, property transactions and construction projects," Vice-Minister of Supervision Qu Wanxiang told a press conference.