Prosecutors' agency to target financial crimes
April 16, 2009 | BY
clpstaff &clp articlesMore anti-corruption prosecutions also expected
China's top investigative and prosecution agency will focus on financial crimes in 2009, and the government is also likely to strengthen its anti-corruption efforts.
The country's chief procurator, Cao Jianming, recently told the National People's Congress (NPC) that the main task of the Supreme People's Procuratorate this year would be to “discourage illegal activities in finance, bond trading and real estate.”
The government has been relaxing its lending policies in recent months. It now seems that it will tighten its oversight over operations in those sectors it deems crucial to economic stability.
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