Former COSCO official faces charges

Beijing: The Central Commission for Discipline Inspection (CCDI) announced that it has expelled Xu Minjie, former vice president of state-run COSCO Group from the party and transferred him to judicial authority after investigations.

CCDI said its investigations found Xu had taken advantage of his former position at the company to fake company reimbursements for personal use.

Xu joined Cosco in 1980, and became the vice president of Cosco Group in 2011. He also served as vice general manager of Cosco Holdings and general manager of Cosco Pacific.

Xu resigned from COSCO Group in November 2013 after he was investigated by authorities. [09/06/14]

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