The Chinese government's investigation on corruption has now turned to the head of its state assets regulator in what has been called 'serious discipline violations'. This is but another stop in the government's drive againt corruption and move towards reforms.
In an announcement, Jiang Jiemin, the former top energy executive in China, was 'suspected of serious discipline violations', which is the government euphemism for graft violations. The said investigation is being conducted by the Central Commission for Discipline Inspection, the Communist Party's anti-graft agency.
The policy was driven by President Xi Jinping, who has made the program a cornerstone of his administration. The Chinese president vowed to go after 'tigers' or senior officials as well as 'flies' or rank and file violators.
Jiang was installed to head the Assets Supervision and Administration Commission or (SASAC) last March. He previously was the chairman of state owned China National Petroleum Company (CNPC). He was also tagged to play a major role in the Chinese state sector, as the Communist Party is now opening important sectors of the economy for private investments. These sectors include energy, finance and transport for the next half decade.
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