Another high-ranking Shanghai official is under investigation
for corruption, Friday's Shanghai Securities News
Chen Shijie, party chief of the municipal construction
committee, is suspected of using his position to help his son
profit illegally from real estate projects.
Sixty-three-year old Chen is also vice chairman of the China
Real Estate Association, chairman of the Shanghai Real Estate
Association and a member of the Chinese People's Political
Consultative Conference (CPPCC) Shanghai municipal standing
Chen failed to appear at a meeting of the Shanghai Real Estate
Association on March 13 and has submitted his resignation from the
post of chairman.
Last month, Yin Guoyuan, former deputy director of the Shanghai
housing office, land and resources administrative bureau, was
placed under investigation.
Zhu Wenjin, director of the bureau's land-utilisation management
department, is also under investigation for "abusing his position
by allowing others to profit in exchange for cash and expensive
Former Shanghai Party chief Chen Liangyu was removed from his
post for his involvement in the Shanghai pension fund scandal last
year. Officials in Shanghai misappropriated 3.7 billion yuan
(US$483 million) from the fund to invest in risky real estate,
roads and other projects.
(Xinhua News Agency April 13, 2007)