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Monday, 31 March 2014

China seizes $14.5 billion in assets from family, associates of former security chief

Chinese authorities have seized assets worth at least $14.5 billion from family members and associates of retired domestic security chief Zhou Yongkang, who is at the center of China’s biggest corruption scandal in more than six decades, two sources said.


More than 300 of Zhou’s relatives, political allies, proteges and staff members have been detained or questioned in the past four months, said sources who were briefed on the investigation.


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bljworldwide via CHINA US Focus http://ift.tt/1iSth93

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