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January 26, 2013

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Official nailed over 2b yuan property hoard

A NEIGHBORHOOD community official in the southern city of Shenzhen, accused of hoarding property worth 2 billion yuan (US$321.6 million) and bribery, has been turned over to prosecutors, according to local Party disciplinary watchdog.

In an odd twist, the person who blew the whistle on the official also has been accused of economic crimes in what officials call an unrelated case.

Zhou Weisi, deputy head of Nanlian Community in Longgang District, abused his power and took large bribes during his term, which severely violated disciplinary rules, according to the website of the Shenzhen Discipline Inspection Commission. Four other officials are also reportedly being investigated.

Whistleblower Zhou Zujie on November 25 claimed Zhou Weisi, no relation, had more than 80 houses, villas, factories and mansions, as well as over 20 luxury cars and a high-end hotel, far more than the income of an official would support.

Zhou Weisi also was accused of conspiring with real estate firms and profiteering from occupying and selling land illegally through his position for seven years. He was also accused of bribing local officials.

Zhou Weisi told Xinhua news agency the accusations are false. He was also vice chairman of a joint-stock company and chairman of another trade and development company, and said his property was accumulated legally by his businesses.

Zhou Weisi was suspended from his position on November 27. In a twist, the whistleblower, Zhou Zujie, was caught the same day for alleged economic crimes. He is accused of falsely reported the registered capital for four companies he set up in 2010, according to Xinhua.

Zhou Zujie's arrest has triggered a heated online discussion as some netizens said they suspect he was targeted for fingering Zhou Weisi.

"His arrest has nothing to do with his exposing Zhou Weisi," a police officer who declined to be named told Xinhua.

Zhou Weisi admitted he and his company have more than 10 cars, including Porsche, Mercedez-Benz and BMW vehicles, but he couldn't immediately say how many properties he had. He said he did not have as many as 80 houses.

"There are records of all the rental properties in the house rental and management department, and I have paid taxes," he told Xinhua.

Zhou Zujie also was accused of having fraudulently claimed property demolition compensation of over 3 million yuan in Guangdong in 2007, police said.




 

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