Auditors Eye Hydropower Project Linked to Disgraced Mining Boss, Zhou Bin

(Beijing) – Government auditors in Harbin, in the northeastern province of Heilongjiang, are looking into large deals by state-owned China Power Investment Corp. (CPIC). The auditing started on April 17 and is to finish in July.

One of the projects under scrutiny is a 2.15 billion yuan purchase of Xingding Power Co., a hydropower project owned by Liu Han, a mining boss in the southwestern province of Sichuan who was sentenced to death on May 23 for running a "mafia style" gang that committed crimes including murder and gun trafficking.