IN CHINA, tycoons are often privy to murky secrets. Their dealings inevitably bring them into close contact with officialdom—they know whose palms can be greased, and who the real power-brokers are in the shadowy world of Communist Party politics. They are careful, however, not to speak out: an angry politician can easily destroy a business and have a person jailed. No wonder, then, that many Chinese have been transfixed by the claims made by a self-exiled property magnate, Guo Wengui, in a recent series of tell-all interviews and tweets—and that the party is trying hard to discredit him.
The unproven allegations by Mr Guo, who is also known as Miles Kwok, reach to the pinnacle of the party. He has accused security officials of corruption and claimed that the son of a former leader is hiding his shareholding in a large brokerage firm. Most shockingly, Mr Guo says a relative of a current leader has been “trotting the globe on a plane worth billions of yuan and playing around with women”—in spite of the party’s long-running campaign to curb profligacy among the elite, and to rein in corruption.
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Source: China http://ift.tt/2pDd6so
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