Chinese officials Sinograin officals arrested
- On 9 December 2011, Li Changxuan, general manager of China Grain Reserves Corporation's (Singograin) Henan Branch, was arrested by the Central Commission for Discipline Inspection of the CCP in the wake of several corruption cases which broke under his supervision. The Henan Provincial Procurator also launched an investigation.
After being at the helm of Sinograins' Henan Branch for 11 years, Li was arrested in connection with allegations of corruption at subsidiary warehouses. He was also implicated in an unsolved case involving several hundred million yuan that went missing at the Dengfeng Grain Purchasing and storage Co. Ltd. (Dengfeng Grain Storage). The corruption cases against Li and other s who were in charge at subsidiary warehouses involve several billion yuan.
One report indicated Dengfeng Grain Storage was suspected of illegally using over 900 million yuan of the central government's special funds for grain purchasing/storage from 2006-08, while the total amount of illicitly gained and moved (to unclear destinations) funds reached as high as 245 million yuan. But there are others whose performance at state and local grain bureaus have proven to be little more than a means by which to procure a license to steal so they can get out of country.
Chinese officials Sinograin officals arrested
