Aug 23, 2024 03:24 AM
BUSINESS
Retired Vice President of State Railway Builder Under Probe
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Wang Wenzhong
Wang Wenzhong, former vice president of China Railway Construction Corp. Ltd. (CRCC), has been placed under investigation less than a year after his retirement, the country’s top anti-corruption agency said Thursday.
Wang, 61, is being probed “on suspicion of serious violation in law and discipline,” a phrase that often refers to corruption, the Central Commission for Discipline Inspection (CCDI), said in a statement.
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- Wang Wenzhong, former vice president of China Railway Construction Corp. Ltd. (CRCC), is under investigation for suspected serious legal and disciplinary violations.
- Wang retired in October 2023 after almost 40 years in the railroad construction sector, and served as CRCC's vice president from 2017, overseeing its overseas business.
- CRCC, a major state-owned enterprise founded in 1948 and incorporated in 2007, is one of the largest contractors globally.
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Who’s Who
- China Railway Construction Corp. Ltd.
- China Railway Construction Corp. Ltd. (CRCC) was established in 1948 as the People’s Liberation Army Railway Engineering Corps and incorporated in 2007. It's one of the largest state-owned enterprises, under direct central government oversight, focusing on major civil engineering projects. CRCC ranks as the third-largest contractor globally.
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What Happened When
- 1948：
- CRCC was established as the People’s Liberation Army Railway Engineering Corps.
- Before 2001：
- Wang Wenzhong spent more than a decade with companies affiliated to the former Ministry of Railways.
- 2001：
- Wang Wenzhong joined CRCC.
- 2007：
- CRCC was incorporated.
- 2013：
- The former Ministry of Railways was dissolved as part of a government restructuring.
- 2017：
- Wang Wenzhong was named CRCC’s vice president, overseeing the state-owned railway builder’s overseas business.
- October 2023：
- Wang Wenzhong retired from his position as vice president of China Railway Construction Corp. Ltd. (CRCC).
- August 22, 2024：
- The Central Commission for Discipline Inspection (CCDI) announced that Wang Wenzhong has been placed under investigation.
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