*Source: DTN News / Int'l Media
(NSI News Source Info) BEIJING, China - August 14, 2009: Deputy director 
of China's National Energy Administration Sun Qin has been appointed as the country's nuclear agency chief.
Sun replaced Kang Rixin, general manager of the China National Nuclear Corporation (CNNC), after he was sacked following alleged "grave violations of discipline", sources with the Central Committee of China's Communist Party said on Friday.
of China's National Energy Administration Sun Qin has been appointed as the country's nuclear agency chief.
Sun replaced Kang Rixin, general manager of the China National Nuclear Corporation (CNNC), after he was sacked following alleged "grave violations of discipline", sources with the Central Committee of China's Communist Party said on Friday. China sacked Rixin following a probe into allegations that he took bribes and squandered public funds reportedly to the tune of USD 260 million.
The removal of China's nuclear body chief comes just a week after another top Chinese official was executed after being convicted of bribery and embezzlement totalling nearly USD 16 million. Kang, a member of the CPC Central Committee since October 2007, was also the secretary of the corporation's CPC Leadership Group.
He has held the post of the corporation's general manager and Party secretary since September 2003.
3 comments:
What is the difference between embezzlement and CEO bonuses?
What is the difference between embezzlement and CEO bonuses?
The average CEO makes 344 times the average Joe – it’s no wonder that people are so outraged that even after begging for taxpayer money, big wall street firms were handing out billions in bonuses.
Well now your outrage has a voice on Capitol Hill – in the form of Senator Claire McCaskill. She took to the Senate floor and said:
“They don’t get it. These people are idiots. You can’t use taxpayer money to pay out 18-billion dollars in bonuses.”
Since then, the Missouri Democrat says the phones in her office have been ringing off the hook and she’s gotten an “unbelievable” number of emails to support her.
McCaskill says she wants to cap the pay of bailed-out CEO’s at $400 thousand dollars a year – the same as the president’s salary, as long as they are taking taxpayer money.
What do you think? How much do these CEO’s deserve?
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