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Sasac: "executives Are Greedy," State-owned Enterprises As Anhui Gujing Group - Gujing,

SASAC Director Li Rongrong said the senior leadership of a well-known state-owned

enterprises in virtually annihilated by corruption, provoked speculation. Yesterday, State Department spokesman issued a statement that the SASAC, the state-owned enterprises in Anhui old well for the group.

Recently, SASAC director Li Rongrong, the discipline inspection work conference of central enterprises revealed that the Central Commission for Discipline Inspection has recently dealt with a state-owned enterprise groups in a well-known executives scandal, corporate corruption, the infiltration in all aspects of production and management, ultimately leading to the main business Most middle-level cadres in charge and the suspects, almost "annihilated."

, However, Li Rongrong said in his speech did not name the firm and specific information.

Li Rongrong remark was announced, led to speculation in the community. Therefore, the SASAC spokesman made the clarification.


In fact, the old well has already been media reports Woan Group. In addition to the former group chairman Wang Xiaojin Pipanwuqi accepting bribes, there were About ten executives have been sentenced.

Further reading Anhui Gujing Group SASAC said executives involved in almost all

For a well-known state-owned newspaper reported the scandal, the SASAC spokesman last night a statement sent through SMS, the enterprises of Anhui Gujing Group.

Earlier this month, the High Court in Anhui Gujing Group, the former chairman, former Vice Chairman of Bozhou Wang Hsiao-gold (deputy departmental level) bribes make a final ruling, upheld the first instance sentenced him to life imprisonment and deprivation of political rights for life's decision. Wang Xiaojin bribes 5.07 million yuan, U.S. dollar 67 million yuan, HK 50,000 yuan, October 16, 2008 by Suzhou City Intermediate People's Court of First Instance sentenced to life imprisonment.

Now that before the scandal, the old well have been 10 criminal groups leading the original senior executives. Wang Hsiao-payment due to the corruption chain executives, led by the Group through the old well procurement, distribution, advertising or restructuring and other links, almost the entire senior management, "Clean Sweep", a classic scandal.


SASAC Director Li Rongrong that profound analysis of the problem of corruption is largely attributable to minority business leaders to relax personal worldview and relaxed morality, life and values distorted subjective factors such as; company checks and balances of power is not well established and standard corporate governance structure has not yet widespread in many enterprises still "in charge" system; on the leaders, including the supervision of subordinates is not the responsible persons in place, effective monitoring systems, methods, measures and means need to be further explored.

News Review Said Li Rongrong, a well-known executives of state enterprises scandal "routed"

Core Tip: SASAC Director Li Rongrong, the central discipline inspection work conference on business in his speech said the Discipline Inspection Commission recently dealt with a state-owned enterprise group executives for a famous scandal, the company responsible for most middle-level cadres of people and involved, almost "annihilated", but SAC has not been a publication of the company's name.

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Sasac: "executives Are Greedy," State-owned Enterprises As Anhui Gujing Group - Gujing, Anaheim