🌏 Asia 1d ago · Laura Zhou

China places former Sinopec and CNOOC boss Fu Chengyu, 75, under corruption probe

South China Morning Post
View Channel →
China places former Sinopec and CNOOC boss Fu Chengyu, 75, under corruption probe
Source ↗ 👁 0 💬 0
Fu Chengyu, the former chairman of leading oil giants Sinopec and China National Offshore Oil Corporation (CNOOC), is under investigation for corruption by the country’s top watchdogs.
The Communist Party’s Central Commission for Discipline Inspection (CCDI) was investigating Fu for alleged “serious violations of discipline and law”, a euphemism for corruption, state news agency Xinhua reported on Saturday, quoting a notice posted on the commission’s website.
He is “currently undergoing...

Comments (0)

Sign in to join the discussion

More Like This

SEBI bars EKI Energy Services MD Manish Dabkara for 12 months over financial misrepresentation
Business News Today: Latest Business News, Finance News · 1d ago
Anthropic’s IPO and the most defining months ahead in stock market history
Business News Today: Latest Business News, Finance News · 1d ago
Centre releases ₹1.09 lakh crore in additional tax devolution to States
Business News Today: Latest Business News, Finance News · 1d ago
Nifty 500 vs S&P 500: India or US, innovation is the only game in town for investors
Business News Today: Latest Business News, Finance News · 1d ago
El Niño, climate change and the new reality for Indian farmers
Business News Today: Latest Business News, Finance News · 1d ago
Simply Put: Oversold market
Business News Today: Latest Business News, Finance News · 1d ago