Former China Party Secretary & GM of China Railway Investigated for Corruption & Violation
26th March 2022 | Hong Kong
Former China Party Secretary & General Manager of China Railway Corp Sheng Guangzu (Age 72) is under investigation from government authorities for suspected corruption & violation. The investigation is conducted by the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission. Sheng Guangzu is China former Minister of Railways. In 2011, he became the Minister of Railways after the then-Minister of Railways was removed for corruption charges. In 2019, China Railway Corp. was renamed as China State Railway Group.
“ Former China Party Secretary & GM of China Railway Investigated for Corruption & Violation “
China Railway Group
China Railway Group Limited (“CREC” for short), headquartered in Beijing, is a super-large corporate conglomerate engaged in engineering survey, design and construction, industrial equipment manufacturing, real estate development, resources and mining development, financial investment, and other fields. As one of the world’s largest construction and engineering contractors, CREC has been listed among Fortune Global 500 for 16 consecutive years. In 2021, it was ranked 35th on the Fortune Global 500 list, and 5th among China’s top 500 enterprises.
Currently, CREC has a staff of about 290,000, including 85,000 skilled technicians and one academician of the Chinese Academy of Engineering (CAE), of whom more than 2,400 hold senior professional titles. CREC has long enjoyed a good reputation in the global market. Since the construction of the 1,861-kilometer Tanzania-Zambia Railway in the 1970s, the company has successively built a large number of excellent projects in Asia, Africa, Europe, South America and the Atlantic. At present, it has representative offices and carries out projects in more than 90 countries and regions around the world.
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