China conficates 20 bln yuan in graft cases
Updated: 2015-07-29 16:09
(Xinhua)
|
|||||||||
BEIJING - China's top anti-graft agency, the Central Commission for Discipline Inspection (CCDI), has confiscated 20.1 billion yuan (about $3.2 billion) while investigating graft cases.
The money, generally a result of breaking the Communist Party of China (CPC) and government rules, has been turned over to the national treasury.
The money was seized after November 2012, when a key CPC decision was made on fighting graft, according to Han Jinping of the CCDI.
A part from money, the haul includes gifts and property. Economic losses amounting to 38.7 billion yuan were also retrieved. Losses are incurred when state assets are sold at a low price, or enterprises receive undue taxes breaks.
- Journey to Mogadishu: A 'special' place
- Turkey keen on upgrading strategic ties with China: Erdogan
- Nippon Paint adds color to Singapore's 50th Anniversary
- Chinese top political advisor calls for further improvement of Sino-Indonesian ties
- Chinese student detained in Iraq freed
- Skydivers soar through the edge of the world
- World's largest radio telescope being built
- Elvis Festival pays tribute to the King of Rock 'n' Roll
- Four-color rice turns paddy field into artwork
- Images capture modern life of a warrior monk
- The world in photos: July 20 - 26
- Amazing landscape of China in white and black
- Across America over the week (July 17- July 23)
- Unusual but true: 'Love' conquers all
Most Viewed
Editor's Picks
Seventh China-US strategic dialogue |
Premier Li embarks on Latin America visit |
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Spring Festival trends reflect a changing China |
Today's Top News
Beijing condemns Somali attack, mourns deaths
Panda 'fakes pregnancy' to get better living conditions
China eyes deepened cooperation with overseas NGOs
Monster Hunt breaks Chinese box office record
Olympic bid panel cites city's merits
Astronomers discover most Earth-like planet yet
Seattle Chinatown leader killed in shooting
Flight details of Obama's Kenya trip leaked
US Weekly
Geared to go |
The place to be |