$33 Million Seized From Chinese Official's Home
Desiree Sison | | Nov 01, 2014 08:51 AM EDT |
Wei Pengyuan
A Chinese government official is under investigation after anti-corruption investigators seized $33 million in cash in his home in May.
The seizure was the largest haul so far since President Xi Jinping declared war on corruption two years ago.
Wei Pengyuan, a senior energy official in the government has been arrested and under investigation for corruption.
Like Us on Facebook
Prosecutors said that the stash amounted to more than 200m yuan (£20m) as four counting machines out of 16 broke down while counting the money.
The large haul first reported in the China media last May was confirmed by anti-bribery prosecutor Xu Jinhui.
Wei was the deputy chief of the energy administration's coal agency when he was accused of taking bribes. The discovery of the hidden cash in his home bolstered China's suspicion that Wei was into corruption.
More than 13,000 government officials have been incarcerated and sentenced to years in prison for corruption and bribery in the first nine months of 2014 alone.
President Xi said the government will not relent in its anti-corruption campaign, mostly targeting "tigers" and "flies." Xi said his declaration on war against corruption will redound to the benefit of the Party and redeem the glory of China again
The President said the anti-corruption campaign is working although China has yet to catch the economic fugitives who have sought refuge in other countries.
Xi said the outcome of the campaign is satisfactory but he urged citizens to report any official misconduct to the government through hotlines and websites set up by the government.
He said the crackdown will spare no one, not even senior members of the Communist Party.
Since he assumed office, Xi has taken down high-ranking officials from the party due to corruption. Among the officials are the chief of China's parliament and a security chief.
Earlier reports said the high rate of suicide among the government officials being investigated for corruption was "alarming."
TagsWei Pengyuan
©2015 Chinatopix All rights reserved. Do not reproduce without permission
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
MOST POPULAR
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
TRENDING STORY
-
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?