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Article: China withdraws 562 mln yuan from officials' stakes of coal mines

Article from:
Xinhua News Agency
Article date:
February 13, 2006
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China withdraws 562 mln yuan from officials' stakes of coal mines

BEIJING, Feb. 13 (Xinhua) -- A total of 4,878 officials nationwide have admitted they have stakes in coal mines, with a total capital of 737 million yuan (91 million U.S. dollars).

Five hundred and sixty-two million yuan (69.4 million U.S. dollars) were withdrawn by Nov. 2005.

The announcement was made by Wu Guanzheng, secretary of the Communist Party of China (CPC) Central Commission for Discipline Inspection, in a report to the commission's Sixth Plenary Session on Jan. 5. The report was released to the public on Monday.

"A campaign to oblige government officials and leaders of state- owned enterprises to give up their ...

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