19
Jan
03:37
Former Wisco chairman faces corruption charges
Deng Qilin, previously chairman of Wuhan Iron & Steel (Wugang), has been charged with bribery at the Guangdong Foshan Intermediate People's Court, according to Xinhua News Agency. Deng worked in Wugang over 2000-2015, Kallanish notes.
According to the public accusation on 18 January, Deng illegally attained over CNY 55.39 million ($8.09 million) by helping others secure promotion, develop their business and win project contracts. Deng pleaded guilty and …
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