Home / Government / Local Governments News Tools: Save | Print | E-mail | Most Read | Comment
Pension Scandal Claims Another Official
Adjust font size:

Ling Baoheng, a senior official in Shanghai, has been dismissed from his posts in the city's legislative body, the standing committee of the municipal people's congress said Wednesday.

Ling, director of Shanghai's State-Owned Assets Supervision and Administration Commission, was dismissed for "seriously violating disciplines", said the committee in a report.

The committee gave no further details but back in October of last year, a local government press officer told reporters that Ling was "assisting the investigation into the social security fund scandal in the city".

The central government has sent investigators to trace 3.2 billion yuan (US$407.6 million) that was siphoned off the Shanghai pension fund for illicit loans and investments. Dozens of city officials and business people, including Chen Liangyu, secretary of CPC's Shanghai Municipal Committee, have been sacked and placed under investigation.

(Xinhua News Agency January 18, 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Pension Fund Woes Could Mean Rise in Retirement Age
- Reform of Pension Fund
- Shanghai Improves Management of Social Security Funds
- Nationwide Audit Campaign on Social Security Funds
- State Body to Manage Pension Funds
Most Viewed >>
Questions and Answers More
Q: What kind of law is there in place to protect pandas?
A: In order to put the protection of giant pandas and other wildlife under the law, the Chinese government put the protection of rare animals and plants into the Constitution.
Useful Info
- Who's Who in China's Leadership
- State Structure
- China's Political System
- China's Legislative System
- China's Judicial System
- Mapping out 11th Five-Year Guidelines
Links
- Chinese Embassies
- International Department, Central Committee of CPC
- State Organs Work Committee of CPC
- United Front Work Department, Central Committee of CPC