Scandal at CNPC Takes Down Four Executives in Two Days

(Beijing) – A scandal has brought down four high-level executives at the country's largest oil company in two days, affecting two heavyweight listed companies and as many big oil fields.

The Central Discipline Inspection Commission, the Communist Party's anti-corruption watchdog, said on August 26 that Wang Yongchun, deputy general manager of China National Petroleum Corp. (CNPC), is being investigated for "severe discipline violations."