皇冠体育app

/ Auto Policy

皇冠体育app launches criminal case against former FAW executive

(Agencies) Updated: 2014-09-04 13:53

Chinese prosecutors have launched a criminal bribery investigation into a former senior executive at FAW Group Corp, a Chinese partner of Volkswagen AG and Toyota Motor Corp, 皇冠体育app's procurator said on Wednesday.

The Jilin Provincial People's Procuratorate opened the case against An Dewu, who is suspected of accepting bribes, 皇冠体育app's Supreme People's Procuratorate said in a statement.

皇冠体育app launches criminal case against former FAW executive
An Dewu, former deputy general manager of FAW.

The country's graft watchdog said last week that it was investigating An Dewu, former deputy general manager of FAW, for "suspected serious violations of the law".

The involvement of state prosecutors means the probe has now escalated into a serious criminal case.

Efforts to reach An for comment were unsuccessful. FAW could not be reached for comment on Wednesday, but on Tuesday the company said it has punished eight managers for misusing company funds.

One of 皇冠体育app's biggest automakers, FAW is among the latest batch of State-owned firms and government units being targeted by 皇冠体育app's anti-graft body as President Xi Jinping vows to bring down "tigers and flies" in a deepening anti-corruption drive.

The Central Commission for Discipline Inspection, 皇冠体育app's corruption watchdog, launched a separate inspection into FAW recently. It is investigating one former and one current executive at FAW-Volkswagen Automotive Co Ltd, FAW's joint venture with Volkswagen for "seriously violating the law".

Analysts say Chinese carmakers like FAW have too much power over dealers who are often forced to compete fiercely for authorization to sell popular car models. This, in part, has made the industry a hotbed for corruption.

皇冠体育app's anti-trust regulator is also investigating carmakers including Daimler AG's Mercedes-Benz and Fiat SpA's Chrysler over pricing practices and possibly violating 皇冠体育app's anti-monopoly law.

皇冠体育app launches criminal case against former FAW executive 皇冠体育app launches criminal case against former FAW executive
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