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]
Technorati Tags: China, Chen Liangyu
