Shan Shanghua once gained notoriety for leading domestic steel mills in negotiations with international iron ore suppliers. The former secretary general of China Iron and Steel Association (CISA) is again getting attention, but this time for darker reasons.
The 67-year-old Shan is facing charges he embezzled state-owned assets before he headed CISA.
Caixin learned that Shan received a notice from Beijing No. 2 Intermediate People’s Court after Spring Festival in February charging him embezzling from the China Metallurgical Industry Planning and Research Institution (MPI). Shan was director of the MPI, a subsidiary of CISA, from 2001 to 2009.
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Zhang Boling via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/4cP9jYFYfHU/
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