June 19, 2022 10:16 PM GMT+7
BEIJING, June 19 (Reuters) - China's ruling
Communist Party has issued rules to further rein in the business activities of
the families of senior government officials, in the latest move to fight
corruption, the official Xinhua news agency said on Sunday.
Officials must report business activities of
their spouses and children and those who fail to do so or seek to skirt the
rules will be "dealt with seriously in accordance with regulations and
laws", Xinhua cited the provisions issued by the Communist Party's Central
Committee.
Officials' spouses and children must withdraw
from their business activities or the officials themselves will have to step
down from their current posts and "accept job adjustments" and face
other forms of punishments, Xinhua said.
Such business activities include investing in
enterprises, holding senior positions in private enterprises or foreign-funded
enterprises, private equity fund investment, and engaging in paid social
intermediary and legal services, Xinhua said.
The extended families of Communist Party
cadres have become a key battleground in President Xi Jinping's war on
corruption, which has punished thousands of officials since he came to power in
late 2012.
Many cases of corruption have involved
officials registering businesses and property under the names of relatives,
allowing them to meet the letter of party guidelines while still using their influence
to amass wealth.
"Strengthening the management of leading
cadres' spouses, children and their spouses running businesses is an important
measure to strictly manage the party and supervise cadres in an all-round
way," Xinhua cited the party's rules as saying.
Reporting by Kevin Yao Editing by Frances Kerry
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