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Chairman of Chinese state-owned conglomerate being investigated for graft, party says
Reported by: Associated Press
Reported: Thursday, April 17, 2014 8:17 AM EDT
China's ruling Communist Party says the chairman of a massive state-owned conglomerate is being investigated for corruption, nine months after the government audited the company.
As head of China Resources Group, Song held a position equal to a government vice minister, making him among the most senior officials to be investigated during an ongoing crackdown on corruption.
Song and China Resources Group have denied any wrongdoing, dismissing accusations against them as slander.