Former Party Chief Charged With Abuse of Power for Breaking Borrowing Rules

What’s new: Cao Jiongfang, former Communist Party chief of Xiangtan in Central China’s Hunan province, is the country’s first municipal party secretary to be indicted for abuse of power due to debt violations, according to a report by local graft busters.

Hunan’s provincial commission for discipline inspection released the report on Wednesday reviewing last year’s anti-corruption efforts, which said Cao was the subject of a “key additional investigation” in connection with Xiangtan’s debt problems.