China’s Anti-Graft Investigator Keeps Oil Giants in Its Sights

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China’s anti-corruption investigators continued to zero in on the nation’s oil giants, calling on two of its biggest state-owned companies to review their overseas investments and accusing them of nepotism.

The Central Commission for Discipline Inspection, the Communist Party’s top anti-graft agency, said officials at China National Petroleum Corp. used their power to help friends and family win contracts and promotions, according to a statementBloomberg Terminal yesterday.