Date
20 September 2017
Employees of China National Petroleum Corp. carry out routine checks at a gas refinery in Suining, Sichuan province. Discipline inspectors will be stationed in every central government SOE. Photo: Reuters
Employees of China National Petroleum Corp. carry out routine checks at a gas refinery in Suining, Sichuan province. Discipline inspectors will be stationed in every central government SOE. Photo: Reuters

SASAC to put inspectors on guard in central govt SOEs

The overseer of the mainland’s non-listed state-owned enterprises will station a team of graftbusters in each of the central government’s SOEs as Beijing pushes on with its anti-corruption campaign, China Business News reported Tuesday. 

Qiang Weidong, discipline secretary of the State-owned Assets Supervision and Administration Commission (SASAC), said in a video conference Friday that discipline inspection teams will be dispatched to each national-level SOE, the report said, citing information posted on SASAC’s microblog.

Stationing inspectors on site is expected to make the supervision more effective, the report said.

Qiang said team leaders must focus on supervising implementation of anti-corruption work and ensuring SOEs follow discipline. He urged them to pay specific attention to SOE restructuring, equity transactions, investment decisions, procurement and tenders.

Meanwhile, Huang Baodong, former deputy general manager of Power Construction Corp. of China, has become the latest target in the government’s anti-corruption campaign, the Central Commission for Discipline Inspection said in a statement on its website Monday. Huang is under investigation after having been expelled from the Communist Party and being stripped of his government job.

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