Monday, 25 Nov 2024

Corrupt Chinese official found with £520million worth of gold bullion in home

Police found £520million worth of gold hidden in a Chinese official's home during an anti-corruption raid, reports say.

Detectives also reportedly discovered an astonishing £30billion in suspected bribes in the bureaucrat's bank account, which would make him the richest man in China.

Zhang Qi, 58, has been sacked from his position as secretary of the Communist Party Committee in Haikou – a city of around nine million people in Hainan province.

Footage of police allegedly counting piles of gold bars in the official's home has gone viral on social media, although red-faced Chinese censors have banned the clip.


Qi is under investigation by China's corruption watchdog as part of President Xi Jinping's crackdown on graft, the Mail Online reports.

The President previously said more than a million officials and dozens of former senior bureaucrats had been jailed for corruption since he launched he campaign.

He warned the campaign would never end as corruption was the "gravest threat" the party faces.



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