Zhejiang Probes Former State-Assets Chief Dong Guibo for Corruption After May 29 Surrender
Updated
Updated · Caixin Global · Jun 12
Zhejiang Probes Former State-Assets Chief Dong Guibo for Corruption After May 29 Surrender
1 articles · Updated · Caixin Global · Jun 12
Summary
Dong Guibo, former party chief and director of Zhejiang’s state-owned assets supervision commission, is under investigation for “serious violations of discipline and law” after surrendering to authorities on May 29.
Zhejiang’s graft watchdog announced the case, using the standard official phrase that typically signals a corruption probe.
The investigation lands amid broader official turmoil in the wealthy coastal province, where a senior financial regulator’s profile was also removed from a government website.
The twin developments point to a widening state-assets and financial-sector cleanup in Zhejiang, one of China’s richest provinces.