Ling Baoheng, a senior official in Shanghai, has been dismissed
from his posts in the city's legislative body, the standing
committee of the municipal people's congress said Wednesday.
Ling, director of Shanghai's State-Owned Assets Supervision and
Administration Commission, was dismissed for "seriously violating
disciplines", said the committee in a report.
The committee gave no further details but back in October of
last year, a local government press officer told reporters that
Ling was "assisting the investigation into the social security fund
scandal in the city".
The central government has sent investigators to trace 3.2
billion yuan (US$407.6 million) that was siphoned off the Shanghai
pension fund for illicit loans and investments. Dozens of city
officials and business people, including Chen Liangyu, secretary of
CPC's Shanghai Municipal Committee, have been sacked and placed
under investigation.
(Xinhua News Agency January 18, 2007)