P!
Listen up, 'Leadership'. . .and stay the course.
I would like to drive one of these at 200 mph.
China Rail Minister Took Huge Kickbacks: Report
More details are emerging about the corruption case of Liu Zhijun, who was recently removed from his post as Minister of Railways. He is suspected of taking more than 800 million yuan (US$122 million) in bribes, AFP reports:
Liu Zhijun, who was sacked last month, allegedly took payouts for doling out contracts for the rapid expansion of Chinas booming high-speed railway system, amounting to up to four percent of each deal, the Global Times said.
Since Liu became rail minister in 2003, Chinas spending on high-speed rail construction has skyrocketed, with investment surpassing 700 billion yuan last year, the paper said.
Liu, 58, also had at least 10 mistresses, some of whom worked as actresses, it said.
Liu is the highest-ranking official to be placed under investigation since former Shanghai Communist Party head Chen Liangyu was dismissed in 2006 and later convicted of corruption in a case that highlighted Chinas graft problem.
Always nice to see accountability when it comes to high-speed rail, even if only in a Communist country, halfway around the world.
>>It all stems from the state and the railways ministry has amassed $300 billion in debt.<<
I wish Willie Green, the Agenda 21 proponent was here to read this article.
Sounds like a liberal program to me. “Let’s go nowhere faster!”