State media says Chinese Communist Party fires former PetroChina chairman | Real Time Headlines

China’s ruling Communist Party has expelled Wang Yilin, the former chairman and party secretary of state-owned China National Petroleum Corporation, from the party for violating discipline, state media said on Wednesday.

According to CCTV reports, Wang illegally received high-value assets and goods, and took advantage of his position to help others seek benefits in project contracting and business activities.

According to reports, he has also accepted many trips arranged by private entrepreneurs.

Official media said Wang’s case will be transferred to the procuratorate for investigation in accordance with the law.

Reuters could not immediately contact Wang for comment.

CNPC said in a statement late Wednesday that it “firmly supports” the decision, adding that the ruling reflects the party’s “zero tolerance” stance against corruption.

State television reported in February that Wang was under investigation for alleged “serious violations of discipline and law”.

Wang resigned from PetroChina in January 2020, having reached retirement age, according to the official news website The Paper.

However, he continues to serve as deputy director of the Economic Committee of the Chinese People’s Political Consultative Conference, the Communist Party’s top advisory body, according to the report.

Currently, Wang is not listed as a member of the Economic Committee on the organization’s website, nor is he listed on the 2023 CPPCC delegate list. The CPPCC National Committee could not be reached for comment.

Before serving as chairman of China National Petroleum Corporation, Mr Wang served at the helm of China National Offshore Oil Corporation (CNOOC), the parent company of China National Petroleum Corporation. China National Offshore Oil Corporation.

The parent company of China National Petroleum Corporation is China Petroleum.