The former political secretary to a member of China’s politburo has been detained in a widening probe over misuse of Shanghai’s pension funds, elevating the scandal for the first time into the inner-circle of the Chinese leadership.
The detention of Wang Weigong, reported by a Chinese financial magazine on Friday, comes ahead of the five-yearly Communist party congress in October, which will choose the country’s senior leadership until 2012. [Full Text]
[Image source: Duowei.com]