Politics

China places former Sinopec and CNOOC boss Fu Chengyu, 75, under corruption probe

Fu is under investigation for alleged ‘serious violations of discipline and law’, a euphemism for corruption, according to Xinhua

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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 commission’s website.

He is “currently undergoing disciplinary review and supervisory investigation” by the CCDI and National Supervisory Commission, according to the website.

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