Caixin
Jan 08, 2013 07:05 PM

Greasing Up a Railroad

 
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(Beijing) – In tracing the tracks of a former state-owned company official, investigators discovered a winding route to construction deals involving millions of yuan in kickbacks and the use of a fake identity.

Luo Jinbao, former chairman of China Railway Container Transport Ltd., went on trial December 24 in a court in Qiqihaer, Heilongjiang Province, on charges of bribery and illegal possession of firearms. The verdict has yet to be announced.

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