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Tags
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Description
Follow us on TWITTER: http://twitter.com/cnforbiddennews Like us on FACEBOOK: http://www.facebook.com/chinaforbiddennews China is facing assessment of it's compliance with the UN Convention against Corruption this year, for the first time. That means the anti-corruption effort of the Communist regime will be examined by the international community this summer. What will be the outcome of the assessment? Why are Chinese Communist Party (CCP) officials getting more corrupt after all the anti-corruption drive ? Our experts explain with three corrupt representative officials. The proletariat Communists are nowadays said to be the privileged, bureaucratic stratum, also known as the vested interest group in the name of people's servants. Netizens name Jiang Zemin, former leader, Zeng Qinghong, Jiang's housekeeper and former vice president, and Zhou Yongkang, Jiang's hardcore thug and former Law Committee secretary, the three representatives of official corruption. According to China Affairs magazine, Jiang Zemin has a secret Swiss bank account of 350 million U.S. dollars. Hong Kong's Open magazine also revealed that Jiang Zemin had transferred a sum of over 2 billion U.S. dollars overseas prior to the 16th National Congress, according to Liu Jinbao, former CEO of Bank of China (Hong Kong), Liu received a deferred death sentence in 2005, due to corruption. Jiang Zemin's son, Jiang Mianheng was named China's number one apostle of greed, for being involved in multiple major international corruption cases. Editor in Chief: of China Affairs Magazine, Chris Wu: "In the Jiang Zemin era, he aimed at a muffled fortune. Following Deng Xiaoping's policy, "Make a fortune for some people " , he made fortune for his own family first. The princelings and the loyal subordinates get rich first. " Jiang's housekeeper, Zeng Qinghong and his family became the vanguard of Modern Princelings who accumulate massive fortunes from business. The Sydney Morning Herald reported that Zeng had arranged for his 25-year old son, Zeng Wei, to get into a Melbourne University in 1993. Zeng Wei made no show but quickly became a billionaire a year later. Zeng Wei was said to collect huge commissions through operating a number of companies. It included Shanghai Volkswagen, China Eastern Airlines and Beijing Hyundai Motor. He was also said to own a Beijing fund to "assist" companies to list on the stock market. The inside knowledge of which firms is likely to make initial public offerings gives him the power to profit. While Zhou Yongkang and his family, according to a 2009 US diplomatic cable published by WikiLeaks, had the oil monopolies. Zhou's son, Zhou Bin has taken advantage of their power at various government or departments to seek personal gains. For instance, he resold land by interfering with major construction projects in Sichuan through the Ministry of Land. Chris Wu: "They are now counting on the princelings to safeguard the regime. After the Tiananmen massacre, they won't feel at ease unless they all are in control, of the money, the military, and political power." Chris Wu criticized that Jiang Zemin condoned corruption in exchange for political support from the princelings and the privileged. This institutional corruption has brought enormous and irreversible disaster to China. Political columnist Cao Changqing commented that the Tiananmen Square Student's movement called for an anti corruption drive 24 years ago. For nearly a quarter of a century now, the corruption is only getting worse. Political columnist Cao Changqing: "The political system is the fundamental problem. One-party rule has no supervision. How can there be any supervision of corruption without political party rotation and democratic election?" The Jiang's, the Zeng's, and the Zhou's are only three chief examples of the CCP's official corruption. The illegal funds transfer overseas from corrupt officials has reached an alarming level. Global Financial Integrity reporte...
