Corrupt Chinese official caught with 13.5 tonnes of gold and £30bn in bribes - News Summed Up

Corrupt Chinese official caught with 13.5 tonnes of gold and £30bn in bribes


A powerful Communist official in China is suspected to have received 13.5 tonnes of gold and £30 billion cash in bribes. Their value could be worth up to £520 million, according to international trading prices. In addition to the gold, inspectors discovered 268 billion yuan (£30 billion) in suspected bribes on the man's account, according to reports. He had equal power as the city's mayor, according to the ranking of Chinese Communist party officials. He has been stripped of both titles by the Commission for Discipline Inspection of the Central Committee of the Communist Party of China.


Source: Daily Mail October 02, 2019 08:48 UTC



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