Chinese politician flees to US with £20 mn

Last Updated: Thursday, August 30, 2012 - 15:08

Beijing: A former top official of a city in northeast China has fled the country with millions of dollars.

Wang Guoqiang, who was the party secretary of Fengcheng city in Liaoning province, fled to the United States in April with his wife. According to the BBC, China’s newspaper People’s Daily reported that local officials said Wang, who was being investigated for corruption, has been removed from his post.

Several reports said that Guoqiang fled the country with CNY 200 million, which is about USD 31.5 million, or GBP 20 million.

Corruption among officials remains a huge source of anger among Chinese, the BBC said.

A report released by China’s central bank last year revealed that more than USD 120 billion has been stolen by corrupt officials who fled overseas, mainly to the US, the report said.


Download the all new Zee News app for Android and iOS to stay up to date with latest headlines and news stories in Politics, Entertainment, Sports, Technology, Business and much more from India and around the world.

First Published: Thursday, August 30, 2012 - 15:08

More from zeenews

comments powered by Disqus