The second-ranking executive at Sinopec, one of China’s dominant oil and energy companies, is being investigated for “serious violations” of laws and discipline, according to official news reports and a statement by the commission of the Chinese Communist Party that oversees corruption investigations.
The announcement means the executive, Wang Tianpu, president of Sinopec, will almost certainly be removed from his job soon and purged from the party after being accused of corruption. He is also likely to face trial and be prosecuted on criminal charges related to corruption.
The move against Mr. Wang by party investigators at the Central Commission for Discipline Inspection indicates that senior party officials under Xi Jinping, the party chief and Chinese president, are expanding their scrutiny of top executives at giant state-owned oil and energy enterprises. Until now, antigraft cases in the oil industry have mainly focused on one of Sinopec’s rivals, China National Petroleum Corporation.
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