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Hangzhou Party Chief Expelled Over Corruption Charges

Zhou Jiangyong “supported disorderly expansion of capital” and “illegally accepted huge amounts of property,” according to anti-graft watchdog


The Ant Group headquarters in Hangzhou. The Financial Times cited public records and sources linking Ant Group to the corruption case. Photo: Reuters

 

China’s anti-corruption watchdog said on Wednesday it had expelled a former Communist Party secretary of the technology hub of Hangzhou from the party, five months after announcing he was being investigated for serious violations of the law.

The Central Commission for Discipline Inspection (CCDI) said that following an investigation, it found that Zhou Jiangyong “supported the disorderly expansion of capital”, “illegally accepted huge amounts of property in collaboration with relatives” and “engaged in familial corruption”.

The agency did not elaborate on the specific nature of Zhou’s suspected crimes or name any companies involved. Zhou was not available for comment and Reuters was not able to determine if he had a lawyer.

The CCDI said in a statement that as a result of its investigation, Zhou has been expelled from the party and would soon face prosecution.

The commission first announced in August 2021 that it had placed Zhou under investigation for “serious violations of discipline and laws”.

Days later, it asked thousands of officials in Hangzhou to conduct self-examinations and resolve any business-related conflicts of interest involving themselves or relatives.

Last week, state broadcaster CCTV aired a documentary alleging that Zhou had capitalised on his position to help his brother’s businesses, including by accepting bribes. Zhou confessed but did not name any companies.

On Friday, the Financial Times cited public records and sources linking Hangzhou-based fintech giant Ant Group to the corruption case. Ant Group did not respond to a request for comment.

 

  • Reuters, with additional editing by George Russell

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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