Shanghai scandal ‘implicates 50′

 Media Images 42229000 Jpg  42229398 Formulaone203Ap From BBC News:

More than 50 people have been detained in Shanghai’s widening pension fund corruption scandal, a Beijing-funded Hong Kong newspaper has reported.

Several senior Shanghai officials and businessmen have already been implicated in the alleged misuse of the multi-million dollar fund.

One of the country’s richest men, Zhang Rongkun, was arrested at the weekend. [Full Text]

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October 24, 2006 9:44 AM
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Categories: Politics