Thieves help to expose frauds among officials
By An Baijie and Sun Ruisheng | China Daily | Updated: 2011-12-23 08:33
Robbery report led the police to clues regarding embezzled funds
TAIYUAN - The board chairman of a State-owned enterprise in Shanxi province was sacked on Thursday, following a suspicion that cash and valuables worth nearly 50 million yuan ($7.89 million) looted from his home late in November were acquired through inappropriate means, said a local publicity official.
Bai Peizhong, 48, former board chairman of Shanxi Coking Coal Group, was being investigated by the Shanxi provincial discipline supervision department after being dismissed from the post on Thursday, Kang Meisheng, director of the publicity department of the State-owned Assets Supervision and Administration Commission of Shanxi provincial government, told China Daily.
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