Former CITIC Group exec expelled from CPC, office
1 week, 4 days ago

Former CITIC Group exec expelled from CPC, office

China Daily  

Xu Zuo, former deputy general manager of CITIC Group, has been expelled from the Communist Party of China and removed from public office for serious violations of Party discipline and laws, the country's top anti-graft bodies announced on Thursday. With the approval of the CPC Central Committee, the Central Commission for Discipline Inspection and the National Supervisory Commission launched an investigation into Xu's severe disciplinary and legal violations, according to a news release by the CCDI and NSC. The release said that Xu's violations also included engaging in power-for-money deals, leveraging his position to benefit others in project contracting, business cooperation and personnel arrangements, and illegally accepting a large amount of property. It further noted that Xu's actions severely violated Party discipline, constituted serious duty-related violations, and he was suspected of committing bribery and illegal business operations.

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