Facebook Twitter 新浪微博 腾讯微博 Wednesday 3 June 2015
Search
Archive
English
English>>China Politics

China targets fugitive officials' money laundering

(Xinhua)    19:53, April 16, 2015
Email|Print

BEIJING, April 16 -- Chinese law and economic authorities have launched a campaign against money laundering via offshore companies and underground banks, targeting corrupt officials who have fled abroad.

According to an announcement on Thursday, five departments including the central bank and the Supreme People's Procuratorate are working in partnership to block channels by which fugitive officials may transfer illegal income overseas.

The move is part of the larger "Sky Net" anti-corruption campaign that was launched in March with the aim of repatriating Chinese suspected of official or economic corruption. Sky Net combines government, the Communist Party, the central bank and diplomatic services.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Kong Defang,Bianji)

Add your comment

Related reading

We Recommend

Most Viewed

Day|Week

Key Words