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China’s corruption crackdown nets 8 finance sector official, Prada handbags – so why is it being ridiculed online?

June 5, 2022
Source: scmp.com scmp.com
News Snapshot:
Four phones made by Huawei Technologies Co., three iPhones and three sets of Apple noise cancelling earphones were among items seized from an official in China’s latest anti-corruption drive. But the haul has been mocked by social media users as its value is only 100,000 yuan (US$15,000). China’s top disciplinary watchdog announced charges against eight officials in the finance sector this week as part of an accelerating anti-graft campaign. In addition to the electronics, Wang Yonghong, a former director of the technology department at the People’s Bank of China (PBOC), has been accused of accepting 10 cartons of Chunghwa cigarettes,...
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Tags: Alcoholic Beverage | Apple | bank | Bank of China | Beijing | China | communist | currency | Dollar | finance | Gadgets & Electronics | Gansu | Gold | Great Wall | Guizhou | Henan | Huawei | Inner Mongolia | Liaoning | Mongolia | procurement | Renminbi | social media | technology | Twitter

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