Song denies 2nd corruption claim
Print Edition
THE chairman of state-owned China Resources (Holdings) Co yesterday denied a Chinese journalist’s second allegation of corruption and keeping a mistress.
Wang Wenzhi, a journalist at Xinhua news agency, on Tuesday posted intimate photos on his microblog of China Resources Chairman Song Lin with a woman, Yang Lijuan. Wang alleged that Yang helped Song transfer and launder large amounts of money gained from alleged corrupt deals.
Song used his influence to get Yang to work in Credit Suisse and then UBS as both banks had business links with China Resources. Her current employer UBS has launched an investigation into Yang, South China Morning Post reported yesterday quoting unidentified sources.
In a post addressed to the Communist Party of China’s disciplinary department, Wang alleged Yang and her relatives now own over a billion yuan (US$161 million) worth of houses and cash deposits on the Chinese mainland and abroad.
“Song is keeping a mistress and is suspected of a huge amount of corruption,” Wang said. “I plea for the central disciplinary body to investigate and deal with the issue.”
Song yesterday rejected the allegation in a statement on the official website of China Resources.
“The reported contents are purely fabricated and malicious. I am extremely indignant,” Song said. “Such behavior has greatly hurt the reputation of my family and the company, and I hope relevant bodies will conduct investigations as quickly as possible.”
Song said he will take legal action against “rumor makers.”
It is the second time that Wang has accused Song.
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