We will post whenever possible on corruption is China and how government policy changes to adapt to new threats. Western multinationals are not blame free and bribery is rife to the extent that many foreign multinationals take bribery as a necessary evil.
Chinese prosecutors probe 9,582 commercial bribery cases in 2006
BEIJING, Feb. 21 (Xinhua) -- Chinese prosecutors probed 9,582 commercial bribery cases involving public servants in 2006 Xinhua has learnt from the Supreme People's Procuratorate (SPP).
As much as 1.5 billion yuan (192 million U.S. dollars) were involved in these cases, the SPP said.
The SPP's crackdown on commercial bribery had been focusing in 15 areas including land sales, social security funds, medical care, government purchase, the bankruptcy and restructuring of state-owned enterprises.
The investigation of several cases involving high-ranking officials has helped check the spreading of commercial bribery, SPP sources said.
Among them is Zhang Enzhao, former president of the China Construction Bank, who was sentenced to 15 years in prison in November 2006, for taking bribes totaling 4.2 million yuan (about 538,000 U.S. dollars).
Xu Fangming, former director of the finance department of China's Ministry of Finance, was sentenced to 13 years in prison in November 2006for taking bribes worth of 2.15 million yuan.
The values at stake are considerable. What is perhaps more damaging is the effect on the people of China and China's reputation abroad.