China Seizes Record $33 Million in Cash From Official’s Home
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Chinese prosecutors said they seized a record 200 million yuan ($33 million) in cash from the home of a former energy official accused of taking bribes.
The confiscation from Wei Pengyuan’s residence was the biggest in an anti-corruption raid since the Communist Party took power in China in 1949, the Supreme People’s Procuratorate said in a statement on its website yesterday, citing Xu Jinhui, chief anti-graft prosecutor in a press conference.