Steel boss on trial for corruption
Print Edition
THE trial of the former deputy general manager of Baosteel Group Corp, who is accused of taking nearly 4 million yuan (US$608,000) in bribes between 2000 and 2014, opened on Tuesday at the Shanghai No. 2 Intermediate People’s Court.
Cui Jian, 56, has been under investigation since last year, with prosecutors accusing him of taking payments from various associates and contacts in return for helping them to win valuable contracts with the steelmaker, the court heard yesterday.
The majority of the money was paid by just two people, both of whom worked for firms that did business with Baosteel, prosecutors said.
Cui worked for the Shanghai-based state-owned company for 33 years.
The court said yesterday that it failed to reach a verdict on Tuesday.
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