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June 23, 2011

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Anti-graft fight steps up ahead of 90th birthday

AS the Communist Party of China prepares for its 90th anniversary celebrations, it is making extra efforts to ensure its officials live up to the standards established by the Party's founders in 1921.

China's Party disciplinary watchdog said yesterday that it plans more inspections and supervision of officials in the battle against corruption.

The Party will monitor the use of public vehicles and supervise officials' financial assets to curb and combat illegal financial activities, Wu Yuliang, deputy secretary of the Central Commission for Discipline Inspection of the Communist Party of China, told a news conference in Beijing.

"Widespread corruption is standing in the way of economic development," Wu said.

Last year, nearly 140,000 corruption cases were filed and more than 146,000 people were given disciplinary punishments, he said.

Under a regulation that took effect last July, some 1.67 million officials in government agencies and state-owned companies have reported their personal details.

Of the total, more than 850,000 detailed their property ownership, 606,000 their personal investments and more than 805,270 the employment status of their spouses and children.

Wu said a more detailed assets declaration system remained under discussion, as the government found it hard to verify claims by officials.

Wu also responded to a recent report by China's central bank which said that up to 18,000 Chinese government officials and state-owned enterprise executives had escaped abroad or gone missing, squirreling away nearly 800 billion yuan (US$123 billion) since the middle of the 1990s.

Wu said the figure was incorrect, though he didn't give an alternative.

However, he noted that China was strengthening international cooperation in law enforcement to catch and prevent corrupt officials from fleeing abroad as a growing trend had been noticed where corrupt officials tended to transfer ill-gained assets to relatives and mistresses overseas in order to escape detection.

Wu said China was monitoring the overseas assets of officials and their movements to prevent corruption.

"The Chinese government attaches great importance to the issue of corrupt officials fleeing overseas," Wu said. "We have conducted many campaigns to catch those officials and return their money."

Meanwhile, measures have been taken to prevent officials trading on their current status to enter the private sector.

A regulation issued last year stipulates that officials are not allowed to accept jobs in private enterprises for three years after they leave office or retire or engage in any for-profit business related to their previous posts.





 

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