Skip to comments.Head Of China's Railway Company Commits Suicide: First Graft Probe Casualty?
Posted on 01/06/2014 8:55:33 AM PST by george76
Bai Zhongren, the president of state-run China Railway Group - the state-owned engineering giant behind many of the country's largest railway projects - committed suicide over the weekend. As SCMP reports, Bai is among several senior railway officials and executives who have committed suicide since corruption scandals implicating the senior railway officials began to come to light three years ago.
Xinhua quotes a colleague as saying that part of the cause of Bai's depression might be the heavy debts that his company has run up.
(Excerpt) Read more at zerohedge.com ...