Date
20 August 2017

Ex-PLA official profited from military land deals, Caixin says

A two-year investigation into a former People’s Liberation Army (PLA) deputy logistics chief has found that he personally benefited from military real-estate deals and building projects, Caixin.com reported Wednesday, citing sources close to the inquiry. During the tenure of Gu Junshang, deputy head of the PLA General Logistics Department who held the rank of lieutenant general, the PLA started large-scale building and renovation of soldier accommodation. Sources close to the investigation into Gu were quoted as saying that he profited from the projects and land deals. The inquiry found Gu owns dozens of apartments in downtown Beijing, it said. He is said to have received a 6 percent “rebate” from a 2 billion yuan sale of a plot of land owned by the military in Shanghai, and he and his relatives are also believed to have profited from development projects in his hometown of Puyang in Henan province.

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