Ex-Chinese Railroad Official Charged In $7.6M Bribery Scheme

Law360, New York (September 3, 2013, 12:31 PM EDT) -- A former China railway official is linked to 13 bribery cases that netted $7.6 million, according to Tuesday reports, charges that come as China expands its crackdown on corruption within state-owned industries and U.S. regulators probe JPMorgan Chase's hiring practices in the country.

Zhang Shuguang, the former deputy chief engineer of China's now dissolved Ministry of Railways, was indicted on bribery charges in Beijing Second Intermediate People's Court, stemming from 13 different cases, state-owned broadcaster China Central Television reported Tuesday. The charges considerably pare down the...
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