Home > News > World
Wednesday August 27, 2014 MYT 4:50:02 PM
Wednesday August 27, 2014 MYT 4:51:05 PM
BEIJING (Reuters) - A former director at China's powerful economic planning agency who oversaw pricing is being investigated, financial news magazine Caixin reported on Wednesday, the latest high-level official from the department to be probed.
Cao Changqing, who recently retired as the head of the pricing division at the National Development and Reform Commission (NDRC), had been "taken in for questioning" around Sunday, Caixin said, citing sources familiar with the matter.
The NDRC did not reply to a request for comment.
The news of Cao's investigation comes five days after China's top prosecutor said a former director at the NDRC was being investigated on suspicion of "taking bribes".
President Xi Jinping has made fighting graft a central theme since taking on the job last year and has warned, like others before him, that corruption threatens the survival of the ruling Communist Party.
Caixin cited an unnamed source saying "Cao Changqing might have been implicated in the National Energy Agency corruption scandal".
In May, state media said a crackdown on China's NEA was intensifying as officials were investigated for taking bribes.
The NDRC sets policy for strategic industries, approves big investments, mergers and acquisitions and has the authority to influence prices for everything from liquor to gasoline. Its powers are so sweeping that it is often called the "little State Council".
The NDRC has been stepping up its investigations into pricing practices, launching high-profile probes into infant formula, drugs, car makers and technology firms.
In June, China formally charged Liu Tienan, a former deputy head of the NDRC, with corruption, paving the way for his trial.
(Reporting by Sui-Lee Wee)
China begins criminal probe into three former top officials
Brother of former senior Chinese official probed for graft
Exclusive - China's Xi reached deal with former leaders to investigate ex-security chief: sources
Fearing graft probes, Chinese officials shun spotlight, seek retirement
Former top China army officer under house arrest in graft probe - sources
Elton John’s star-studded wedding ceremony
Germany to step up bird flu testing after new cases discovered
French villa owned by ousted Chinese politician Bo up for sale - report
China charges Jackie Chan's son over drug offence
Ladies, time to stand up and fight for your man
Looking out for your ears
Remembering Tsunami 2004: Phuket bounces back from disaster
Africa – surfing capital of the world
Broadband on demand: Better Internet connectivity options
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)