BEIJING: The chairman of a Chinese state-controlled asset management company is under investigation for suspected graft, becoming the latest high-profile figure ensnared in the government’s anti-corruption dragnet. The anti-corruption agency said late Tuesday that Lai Xiaomin, chairman of state-controlled China Huarong Asset Management Co., was being investigated for “serious violations of (Communist) party discipline and law,” a euphemism for graft. China Huarong is the country’s largest distressed-asset management company and Lai, 56, is one of the most high-profile figures to be probed by the National Supervision Commission, a new super anti-graft agency set up in March.
Liberal Justice Elena Kagan on Sept. 13, 2016. — Slate website WASHINGTON: U.S. Supreme Court justices, wading back...
A representational image of inmates behind jail bars. — Unsplash/FileMOSCOW: A Russian court on Wednesday ordered...
Sudanese soldiers guard the surrounding area of the UNMIS compound in El-Fasher, the administrative capital of North...
US quietly shipped ATACMS missiles to Ukraine. — Report news agencyWASHINGTON: The United States in recent weeks...
US President Joe Biden during his address in California. — AFP FileWASHINGTON: President Joe Biden signed a...
The World Meteorological Organisation flag. — AFP FileGENEVA: Global temperatures hit record highs last year, and...
