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China detains two more PetroChina parent officials in graft probe

Source: Reuters - Tue, 17 Dec 2013 02:07 AM
Author: Reuters
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BEIJING/HONG KONG, Dec 17 (Reuters) - China's government has detained two more senior executives of energy giant CNPC as part of a widespread graft investigation, two sources told Reuters.

Wen Qingshan, chief accountant of CNPC and Wang Lihua, head of listed unit PetroChina's oil trading vehicle Chinaoil, were taken away by authorities last week, the sources with direct knowledge of the situation said.

It was not immediately clear whether the two officials were themselves the target of the investigation or were only assisting in the broader investigation of the state oil giant.

Wen is also chairman of listed Kunlun Energy. Kunlun Energy shares were suspended early on Tuesday.

Neither PetroChina nor CNPC could be reached immediately for comment. (Reporting by Chen Aizhu and Charlie Zhu; Editing by Jason Subler and Paul Tait)

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