Anti-corruption storm must cleanse SOEs

THE CENTRAL COMMISSION for Discipline Inspection has released its report on investigations of eight State-owned enterprises directly controlled by the central authorities. The report reveals a rampant trade in power for money as well as the transfer of enormous interests to certain bureaucrats. Comments:

Anti-graft agencies have branches in central SOEs, but they lack strong support. In the enterprises mentioned in the CCDI report, the anti-graft branches were either denied access to key information or were party to the corruption. It is extremely urgent that supervision is strengthened to curb graft.

Liu Junhai, a professor of law at Renmin University of China, Feb 10