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China wants officials to disclose assets to party
* On Sunday September 20, 2009, 4:43 am EDT
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BEIJING (AP) -- The top anti-graft body of China's Communist Party plans to require government officials to disclose details of their investments and information about their family members as part of an ongoing effort to curb corruption seen as a major threat to political stability.
China has long struggled against corruption among high-level Communist Party officials and it is often a focal point of protests by ordinary Chinese.
The official Xinhua News Agency said the party's Central Commission for Discipline Inspection pledged Saturday to continue to fight abuses of power, bribery and other official misconduct.
The commission will ask officials to report details of their activities in property and investment as well as information about the employment of their spouses and children, Xinhua said. It did not give specifics.
China has a mixed record of cracking down on corruption, but when it does the punishments are often severe. Two years ago, the director of China's food and drug agency was executed for approving deadly fake medicine in exchange for cash.
The most senior official to fall was Shanghai's former Communist Party chief Chen Liangyu, who was sentenced last year to 18 years in prison for his role in a pension fund scandal.
http://finance.yahoo.com/news/Ch ... pos=4&asset=&ccode= |
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