The mayor of Shenzhen is being questioned in connection with a corruption probe centered on tycoon Wong Kwong-yu (黃光裕), founder of Gome Electrical Appliances Holdings, state media said yesterday.
Xu Zongheng (許宗衡), mayor and vice Communist Party chief of Shenzhen, was being questioned for alleged “severe violations,” Xinhua News Agency said. It said the investigation was continuing.
Xu, 53, is one of several Chinese officials caught up in the probe into allegations Wong committed financial crimes such as stock manipulation. His failure to show up at a conference last Friday had prompted rumors that he might have been taken for questioning, the financial magazine Caijing reported.
Two of the officials were senior policemen in charge of investigating financial crimes.
Wong has been detained since last autumn. Gome, the country’s largest electronics retailing chain, says its operations continue as normal.
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