Live Breaking News & Updates on Anti Graft Soes Oversight

China s top anti-graft bodies have urged supervisory organs to tighten oversight and severely punish offenses related to State-owned enterprises after an investigation into 31 people at an SOE in Yunnan province.
 
On April 14, the provincial discipline inspection and supervisory organs investigated 19 people from Kunming Iron and Steel Holding, an SOE based in Anning, Yunnan, over serious violations of Party disciplines and national laws. Twelve other people were detained on suspicion of bribery.
 
Those investigated include the company s chairman and its deputy general managers, and top executives and employees from its wholly owned subsidiaries, holding companies and joint-stock companies.
 
On Monday, the Communist Party of China Central Commission for Discipline Inspection and the National Supervisory Commission urged the discipline inspection and supervisory authorities to fully play their roles and to push forward reform and high-quality developme ....

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