Former chairman of state-owned firm arrested for bribery

BEIJING -- The Supreme People's Procuratorate has ordered the arrest of Yin Jiaxu, former chairman of a state-owned firm, for suspected bribe-taking and seeking illicit gains for others.

Yin was formerly secretary of the leading Party members group and chairman of the China North Industries Group Corporation Ltd.

Yin's case was transferred to the procuratorial authorities for review and prosecution following the conclusion of an investigation by the National Supervisory Commission, the SPP said in a statement on Monday.

Further handling of the case is underway.