May 13, 2014

Follow the Money, China-Style

Yu Hua, New York Times

The Associated Press

Despite a wave of prosecutions over the past decade, there is little reason to believe that much has changed. In December, a former deputy director of the Hohhot Railway Bureau in Inner Mongolia, Ma Junfei, was given a suspended death sentence for accepting bribes and concealing the sources of his immense fortune. His annual salary would have been only about 120,000 yuan ($19,300), but his two houses were stuffed with cash and gold with a value of more than 130 million yuan ($21.48 million). During his trial, Ma Junfei admitted that concealing the money he had received in bribes was a colossal headache.

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TAGGED: China

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