China: former Dongfeng official investigated for corruption image

According to the country’s anti-corruption authority, Fan Zhong, a former senior executive at Dongfeng Motor Group – the local venture partner of both France’s PSA and Japan’s Nissan – is being targeted in a probe that alleges “serious disciplinary violations”.

Fan is the former deputy secretary of the Communist Party committee at the company and seems to be the latest target in the ongoing Beijing-ordered corruption investigation that has fallen upon state-owned Dongfeng – which has numerous ties with global automakers, including a carmaking venture with Honda. China’s President Xi Jinping has started a crusade, aiming to clean up the government and corporate sector and the anti-corruption drive that is gradually intensifying has been led by the Central Commission for Discipline Inspection (CCDI).

A Dongfeng spokesperson has confirmed that Fan, also the former leader of the company’s workers’ union, was being targeted by the investigation. The company also said last week that Ren Yong, the company’s supervisor and vice president of its partnership with Nissan was also allegedly involved in acts of corruption. Back in September, Chinese prosecutors have also charged in a criminal bribery investigation another ex-senior executive at FAW Group Corp, a Chinese partner of Volkswagen AG and Toyota Motor Corp.

Via Reuters