Bitter Divorce Battle Exposes Vast Hidden Wealth of Retired Chinese Officials
2 Articles
2 Articles
Bitter Divorce Battle Exposes Vast Hidden Wealth of Retired Chinese Officials
Bitter Divorce Battle Exposes Vast Hidden Wealth of Retired Chinese Officials - A Shanghai court has dismissed a civil dispute over nearly 100 million yuan in assets between two former public servants, referring the couple to anti-graft investigators after they failed to explain their massive government-salary discrepancy
A couple, both former state-owned enterprise officials and civil servants who had been retired for nearly 20 years, went to court over the division of their divorce property, unexpectedly uncovering assets worth nearly 100 million yuan (RMB). The assets claimed and mutually identified by both parties far exceeded their normal income levels, and neither could provide a reasonable explanation. The court dismissed the case and transferred the leads…
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