pension fund scandal

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Former Stats Minister, Downed, Resurfaces with CNOOC

Not everything is known about the re-emergence of former minister of the statistics bureau, now working as a senior researcher for a CNOOC unit. Probably more to come. Translated by CDT, from Oriental Web: Many wondered if any...

Chen’s Son Has Day In Court Over Fund Scandal

From Shanghai Daily: The son of Shanghai’s former Party chief Chen Liangyu was jailed for three years in Tianjin yesterday, with four years’ probation, over his involvement in the infamous Shanghai pension-fund...

China Court Rejects Appeal By Jailed Tycoon

From Reuters: A Chinese court on Sunday rejected an appeal against a 19-year jail term handed down to a tycoon embroiled in a huge Shanghai social security fund scandal, a financial magazine said in its online edition. Once one...

Sunshine Law and the Case of Chen Liangyu

From Caijing Magazine: On April 4, the gavel came down for the sentencing of Chen Liangyu. This former member of the Politburo and one-time Shanghai party secretary will spend 18 years in prison after being found guilty of...

Ex-Shanghai Party Boss Accepts 18-year Jail Term

From Reuters: Shanghai’s disgraced Communist Party chief, jailed for 18 years this month for corruption, has decided not to appeal, state media said on Tuesday. Chen Liangyu was found guilty of taking bribes and abuse of...

Ex-Party Boss in China Gets 18 Years (Update)

The New York Times reports on Chen Liangyu, saying “His downfall, after China’s top leaders decided to challenge his lock on power in his prosperous and politically powerful coastal city, is the fallout of an elite...

End Of The Line For A Shanghai Scandal

From Caijing Magazine: The Shanghai pension fund scandal that came to light in the summer 2006 involved some 30 people including major political figures, senior managers at state-owned enterprises and wealthy businessmen. After...

Playing in China: Shanghai’s Scandal

The Wall Street Journal reports on a Party-produced documentary about the men behind the Shanghai pension fund scandal: Middle-aged men, behind bars and dressed in prison uniforms, wipe away tears as they admit on camera to...

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