Pair are jailed for leaking State secrets
By Wang Huazhong | China Daily | Updated: 2011-10-25 07:56
BEIJING - Two officials from China's statistics bureau and its central bank have been jailed for leaking secret data to securities traders in the wake of similar cases that disturbed the market last year.
Li Zhongcheng, a senior prosecutor of the Supreme People's Procuratorate, China's top prosecuting authority, said on Monday in a news conference that four other suspects from the securities industry were also implicated in leaks of State secrets.
Industry insiders and researchers say that in the past leaks of macroeconomic data by authorities have been reported in the media and affected stock markets and cost individual investors billions of yuan.
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