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497 officials retract stakes in coal mines
In the Daxing coal mine disaster, which claimed 123 lives in south 皇冠体育app last month, the mine owners turned out to be the delegates to the local people's congress. Another similar case is the Xinfu coal mine accident in northeast 皇冠体育app, which killed 18. The owners were found to be the deputy director of the local work safety administration. The fat profits in 皇冠体育app's coal mine industry have created some overnight millionaires in the past year. Illegal mining is especially favored by those who risk everything for money. Coal mine owners in north 皇冠体育app's Shanxi province said that everybody knows the coal industry is profitable, but only those who have connections with local officials can make money. Some government officials hold stakes in the local small coal mines. But they are not technically investors. Their power drives mine owners to give them free shares, said a mine owner in north 皇冠体育app's Inner Mongolia Autonomous Region. Li said the agency will crack up on the officials either investing in the coal mines or holding free stakes to get illegal gains. Since the beginning of this year, 皇冠体育app has enacted a series of measures to combat the corruption behind mine accidents. A recent related development is that the country issued a set of special regulations in early September to prevent coal mine accidents, highlighting the crackdown on corruption.
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