China Officials ‘Lost Millions’

Officials in Guangzhou have been investigated and/or jailed for gambling away over $3 million in public funds. From BBC:

Chinese media reports said more than 50 officials had been investigated and six had been jailed or punished.

The officials lost the money gambling at casinos in Macau, on cruise ships off Hong Kong, and betting on football matches, reports said.

[…] The heaviest sentence was given to Wu Xingkui, the Communist Party of China (CPC) number two in the town of Yunfu.

Mr Wu was handed a four-year jail term for embezzling large sums of public money to finance his gambling habit, the state-run China Daily newspaper reported.

January 10, 2009 9:27 PM
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Categories: Politics