Zhongshan mayor being questioned
By Wang Xiang |
June 3, 2010, Thursday
|
Print Edition
Print Edition
THE mayor of southern China's Zhongshan City was being investigated for "alleged serious disciplinary offences in economic activities," the party disciplinary authorities confirmed yesterday.
Li Qihong, one of the only two female mayors in Guangdong Province, was taken into custody by police on May 30.
No more details were given but People's Daily online said she was involved in trading shares of the Shenzhen-listed Zhongshan Public Utilities Group Co, which was suspended from trading on Monday.
The state-owned Zhongshan Public Utilities issued a statement that the company's chairman and general manager would be absent for a while without saying why. It denied they were sacked because of Li's case.
After trading resumed yesterday, Zhongshan Public Utilities' share price fell 6 percent.
Li's husband, brother, and two sisters were also involved in the case, according to media reports. Her families were involved in the local real estate market.
Li Qihong, one of the only two female mayors in Guangdong Province, was taken into custody by police on May 30.
No more details were given but People's Daily online said she was involved in trading shares of the Shenzhen-listed Zhongshan Public Utilities Group Co, which was suspended from trading on Monday.
The state-owned Zhongshan Public Utilities issued a statement that the company's chairman and general manager would be absent for a while without saying why. It denied they were sacked because of Li's case.
After trading resumed yesterday, Zhongshan Public Utilities' share price fell 6 percent.
Li's husband, brother, and two sisters were also involved in the case, according to media reports. Her families were involved in the local real estate market.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
