Lianyungang Port official under investigation

Shanghai: Jiangsu People’s Procuratorate has announced that Liu Quan, former vice president of Lianyungang Port Group and former general manager of Lianyungang New Oriental Container Terminal (LNOCT), has been officially detained by authorities for corruption investigations.

A source inside Lianyungang Port said that Liu might be involved in some illegal financial activities in China Shipping Group’s transaction of selling 55% equity in LNOCT in 2013. [01/09/14]

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