Local officials said Mr Wang, who was being investigated for corruption, had been removed from his post, it [the People’s Daily] said.
Several reports cited 200m yuan ($31.5m; £20m) as the amount taken.
A report released by China’s central bank last year said more than $120bn (£74bn) had been stolen by corrupt officials who fled overseas, mainly to the US.
City Party Chief Fled with Money
Posted by 不忘初心 | Aug 30, 2012