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China Places Former Sinopec, CNOOC Boss Fu Chengyu, 75, Under Corruption Probe

Fu Chengyu, the former chairman of leading oil giants Sinopec and China National Offshore Oil Corporation (CNOOC), is under investigation for corruption by the country’s top watchdogs. The Communist Party’s Central Commission for Discipline Inspection (CCDI) was investigating Fu for alleged “serious violations of discipline and law”, a euphemism for corruption, state news agency Xinhua reported on Saturday, quoting a notice posted on the commiss…

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The Central Commission of the Communist Party of China for the Verification of Discipline reported allegations of corruption against the former head of the Board of Directors of the China Power Company Sinopec Fu Chengyui, former chairman of the Board of Directors of the Chinese company Shinopec Fu Chenghui was suspected of corruption offences. Fu Chengyu is "suspected of committing serious breaches of discipline and law", TASS writes with refer…

Fu Chengyu, former chairman of China Petroleum & Chemical Corporation (Sinopec), was brought down more than a decade after his retirement. Fu Chengyu was a close confidant of Zeng Qinghong, the former vice president of the People's Republic of China, in the petroleum system, a major area of corruption within the Chinese Communist Party.

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Following the Fifth Plenary Session of the 18th CPC Central Committee, according to the website of the Central Commission for Discipline Inspection and the National Supervisory Commission, Fu Chengyu, former Party Secretary and Chairman of China Petroleum & Chemical Corporation (Sinopec), is suspected of serious violations of discipline and law and is currently under disciplinary review and supervisory investigation by the Central Commission for…

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vz.ru broke the news on Saturday, October 31, 2026.
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