GPS News  
CAR TECH
China jails ex-chairman of auto giant FAW for bribery
by Staff Writers
Beijing (AFP) Feb 9, 2017


The former chairman of Chinese auto giant FAW was jailed Thursday for taking more than a million dollars in bribes, in the latest penalty meted out to a top executive of a state-owned firm.

Xu Jianyi was sentenced to 11 and a half years in prison for taking more than 12 million yuan ($1.75 million) in exchange for assisting "the business operations and promotion and relocation" of others, a Beijing court said.

The graft happened from 2000 to 2013, the First Intermediate People's Court said in a brief statement posted on its official social media account, without providing further details.

FAW, originally known as First Automotive Works, is China's third biggest automaker with sales of more than three million vehicles last year, according to the China Association of Automobile Manufacturers.

Headquartered in Changchun city in the northeastern province of Jilin, FAW has a passenger car joint venture with Volkswagen that produces the German automaker's Audi brand, among others.

Besides a long career in the auto industry, Xu, now 63, also held government and party posts in Jilin, according to a biography posted on a Chinese government website.

Shi Tao, a former executive of the FAW-Volkswagen joint venture, was jailed for life in 2015 for taking bribes, state media reported at the time.

In January Wang Tianpu, ex-president of state-run energy giant Sinopec, was sentenced to 15 and a half years in prison for corruption.

Chinese President Xi Jinping launched a much-publicised drive against corruption after he came to power five years ago, vowing to target both high-level "tigers" and low-ranking "flies".

The Communist Party's anti-graft body said in 2015 it planned to probe all major state-owned enterprises to root out corruption, but critics say a lack of transparency around the purge raises concerns that it could be used by Xi to eliminate political enemies.

Furthermore analysts say China has failed to implement institutional safeguards against corruption, including an independent judiciary and free media.

bur/dly/amj

VOLKSWAGEN


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Car Technology at SpaceMart.com






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
CAR TECH
Luxembourg prosecutes unknown person in VW scandal
Luxembourg (AFP) Feb 7, 2017
Luxembourg has filed a criminal case against an unknown person in an unusual step related to the Volkswagen "dieselgate" emissions cheating scandal. The duchy insisted that it was the victim of the row, despite having itself been one of seven countries sued by the European Union for failing to crack down on auto pollution. "Luxembourg declares itself a victim of criminal and negligent ac ... read more


CAR TECH
Italy's military 'narcos' cook up cannabis cures

Corn turning French hamsters into deranged cannibals: research

Crop achilles' heel costs farmers 10 percent of potential yield

Pigs and chocolate: Using math to solve problems in farming

CAR TECH
First ever blueprint unveiled to construct a large scale quantum computer

Germanium outperforms silicon in energy efficient transistors with n- und p- conduction

Towards new IT devices with stable and transformable solitons

Quantum RAM: Modelling the big questions with the very small

CAR TECH
Made-in-China large passenger plane targets 2017 debut

Advanced robotic bat's flight characteristics simulates the real thing

Lockheed completes inlet coating repair on F-22

America's 6th Generation Fighter Jets of the Future

CAR TECH
Volvo Cars posts strong earnings on record sales

Germany, France plan cross-border self-driving test zone

Pedal power revival as bike-share apps race for glory

Luxembourg prosecutes unknown person in VW scandal

CAR TECH
Top tech companies argue against Trump travel ban

Chinese FM to visit Australia in wake of Trump tiff

India's techies fear US crackdown on high-skilled visas

Facing Trump trade threats, Mexico eyes new partners

CAR TECH
High-tech maps of tropical forest diversity identify new conservation targets

Risk of tree species disappearing in central Africa 'a major concern,' say researchers

Forests 'held their breath' during global warming hiatus, research shows

Trees supplement income for rural farmers in Africa

CAR TECH
Mobile phone and satellite data to map poverty

NASA Makes an EPIC Update to Website for Daily Earth Pics

Subscale Glider Could Assist in Weather Studies, Prediction

Wind satellite heads for final testing

CAR TECH
Supercomputing, experiment combine for first look at magnetism of real nanoparticle

Scientists determine precise 3-D location 23,000 atoms in a nanoparticle

1,000 times more efficient nano-LED opens door to faster microchips

Three magnetic states for each hole









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.