Corruption charges filed against SOE executives

Thirty-five senior executives of large State-owned enterprises (SOEs) faced corruption charges last year.

A report by Faren Magazine, affiliated with the Legal Daily and overseen by the Ministry of Justice, examined 95 serious criminal cases against executives of both State and private companies last year.

Thirty-one of the executives were found to be involved in cases involving an average of 110 million yuan ($16 million).