Wang Weigong, former vice general manager of Shanghai-based Shenergy Group, a major power supply company, has been ousted from the Communist Party of China (CPC) and his post for graft, a spokesman for the Shanghai municipal government on Wednesday.
Wang was accused of abusing his position and taking large bribes in return for preferential treatment.
He was also charged with "depravity" after the investigation by China's Ministry of Supervision and Central Commission for Discipline Inspection of the CPC.
Wang's activity had serious consequences and his alleged bribe taking was a criminal activity, said the spokesman.
He could yet face judicial charges later, but the spokesman refused to disclose the amount of the alleged bribes.
Shenergy Group is a state-owned power company with general assets of 43.7 billion yuan (5.8 billion U.S. dollars) at the end of 2006. The Shenergy Company Ltd., under the group, invests in and manages electric power and energy construction projects in Shanghai.
Source: Xinhua
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