Corruption probe snags two more influential people

Boxun reports that on the morning of Sunday, May 31, 2015, the Central Commission for Discipline Inspection announced that Zhang Yue, secretary of the Hebei Province Communist Party Politics and Law Committee, was detained and being interrogated.

Zhang Yue was a pawn of former Politburo Standing Committee member Zhou Yongkang. In order to obtain this official position, he bribed Zhou Yongkang with more than ¥40 million in jadeite. Boxun has previously revealed that Zhang Yue and Vice Minister of State Security Ma Jian provided protection for businessman Guo Wengui, and used the authority of the politics and law committee to get rich.

The Central Discipline Inspection Commission’s detention of Zhang Yue demonstrates that Wang Qishan is tightening the noose on Ma Jian and Zhang Yue and their patronage network.

In other news, Bowen News exclusively reports that Che Feng was arrested in Beijing on Wednesday, June 3, 2015. Che Feng’s father-in-law, Dia Xianglong, is the former People’s Bank of China president. Rumors are that Dia also is being investigated.

When Che Feng was a Hong Kong resident, Hong Kong’s “Next Magazine” reported that he met with Tomorrow Group founder Xiao Jianhua at the Four Seasons hotel. Xiao Jianhua’s holdings and related companies, which have been the rage in China’s capital markets in recent years, have become more low-key and he’s turned to specializing in business with Communist Party princelings.

After Che Feng’s father-in-law Dai Xianglong retired as chairman of the Social Security Fund in 2013, corruption rumors about Dai Xianglong’s family circulated, including that they benefited from the social security fund, teamed up with Wen Jiabao’s family to profit from their stake in Ping An Insurance, and had other family assets worth billions.