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Senior Chinese Official Charged with Taking Bribes from Carmaker
A high-level Chinese regulatory official and his son been accused of accepting nearly 37 million yuan ($5.8 million) in bribes from Guangzhou Automobile Group Co., Bloomberg News reports.
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A high-level Chinese regulatory official and his son been accused of accepting nearly 37 million yuan ($5.8 million) in bribes from Guangzhou Automobile Group Co., Bloomberg News reports.
The charges say the payoffs were intended to facilitate approvals for car and component projects planned by Guangzhou Auto's joint venture with Toyota Motor Corp. Payments also involved kickbacks to approve a Toyota dealership.
The case involves Liu Tienan, former deputy head of China's National Development and Reform Commission, and his son Liu Decheng. The charges say the two took bribes between 2002 and 2012, including a 1.2 million-yuan ($196,000) salary for the son for a job at Guangzhou Auto that he didn't perform.
Liu was removed from his position at the NDRC, which approves infrastructure projects, in May 2013. Bloomberg notes that the Communist Party's internal policing unit said at the time that Liu was the target of an investigation.
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