China’s State Grid Chairman, Said to Be Probed, Travels Overseas

State Grid Corp. of China, a state-owned power transmission company, said Chairman Liu Zhenya was in New York Tuesday and met with United Nations officials.

Liu held discussions with officials including George Kell, executive director of UN Global Compact, State Grid said on its website yesterday. The chairman, 62, is being investigated by the Communist Party’s Central Commission for Discipline Inspection, two people familiar with the matter told Bloomberg News Tuesday. The probe doesn’t necessarily mean he will be charged.

Liu is currently in New York at the UN Global Compact meeting on climate change, State Grid said in an e-mailed statement issued through its external representatives today. The company “will not comment on unattributed reports,” it said in the statement.

Chinese President Xi Jinping’s anti-graft campaign has snared about 100,000 officials of varying seniority in the past two years. A special inspection team sent by CCDI finished a two-month inspection at State Grid and identified problems including nepotism and taking and offering bribes, according to a CCDI statement this month.

— With assistance by Shiyin Chen

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