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China sacks head of state asset regulator

International Desk |
Update: 2013-09-03 04:48:19
China sacks head of state asset regulator

DHAKA: China has sacked the head of its state assets regulator, former top energy executive Jiang Jiemin.

China’s official Xinhua news agency said on Tuesday, two days after the agency reported Jiang was the subject of a corruption probe, reports The Straits Times.

Jiang is ‘suspected of serious discipline violations’, state media said on Sunday, shorthand the government generally uses to describe graft.

BDST: 1433 HRS, SEPT 03, 2013
RoR/BSK

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