Shanghai's leader removed over alleged misuse of pension funds

(25 Sep 2006)
1. Wide of Chen Liangyu, former secretary of the Shanghai Municipal Committee of Communist Party of China (CPC), walking to position during the sixth Shanghai Cooperation Organisation (SCO) Summit in June 2006
2. Close up Chen's face
3. Mid of Chen standing next to Hu Jintao, General Secretary of the Central Committee of Communist Party of China (CPC)
4. Wide of Chen standing with other Chinese officials in a signing ceremony
5. Various of Chen in meeting of SCO summit
STORY LINE:
Shanghai's top leader was dismissed on Monday for alleged corruption, in-relation to a scandal over misuse of city pension funds.
The government said it was a move likely to strengthen President Hu Jintao's control ahead of a key Communist Party meeting next year.
Chen Liangyu, Shanghai's Communist Party former secretary, was also dismissed from the party's powerful Politburo (political bureau) and is being investigated by the party's Central Commission for Discipline Inspection, the official Xinhua News Agency said.
Chen's dismissal comes amid a top-level probe over alleged illicit investments of billions (b) of yuan (hundreds of millions (m) of US dollars) in pension funds in real estate and other infrastructure.
The official Xinhua News Agency said in a one-line announcement that Shanghai Party chief had been sacked for pension scandal.
Staff at the city government's press office said they were checking the reports but had no further comment.
The pension scandal equates to at least three billion (b) yuan (378 million (m) US dollars) of the city pension fund and has already led to the removal and detention for questioning of city officals.
In an unusually high-profile move, China's leaders, gearing up for next year's 17th Communist Party Congress, sent investigators from Beijing to probe the allegations.
The ranks of those detained from executives in Shanghai's biggest industrial conglomerate to well-connected officials had suggested an old-fashioned purge of top city leaders was likely to happen.
Next year's congress will reappoint jobs among the political elite, with Chinese president and party head Hu Jintao expected to install favoured leaders for his second five-year term.
Find out more about AP Archive: www.aparchive.com/HowWeWork
Twitter: / ap_archive
Facebook: / aparchives ​​
Instagram: / apnews
You can license this story through AP Archive: www.aparchive.com/metadata/you...

[@Emma-Z90]

好可惜啊😢😢

[@user-fd7gd6lu9c]

已经知道自己要被抓了

[@alanzhang3104]

确实 面如死灰

[@user-qs3cn8bk3h]

陈良宇挺有范

[@Emma-Z90]

居然还有王沪宁