BEIJING: Top Chinese economic official Jiang Jiemin has been sacked as head of the body overseeing state-owned companies for “suspected serious disciplinary violations”, the official Xinhua news agency reported yesterday.
The phrase is normally used as code for corruption in China.
Jiang was removed from office as head of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, it said.
The inquiry into Jiang was only announced on Sunday, and reports said it was focusing on China National Petroleum Corp, the giant state-owned firm he headed before being promoted to the SASAC post earlier this year.
AFP
