The Chinese Military Has A HUGE Corruption Problem

Midas touch: Former PLA Lieutenant General Gu Junshan would bribe officials by filling up a Mercedes with gold bars and simply handing over the keys, according to a recent magazine report in Hong Kong

'Gold-Obsessed' Chinese Officer's Graft Case Worth $5 Billion: Magazine -- Reuters

(Reuters) - A former senior Chinese military officer was obsessed with gold and often ferried gold bars for bribes in a luxury car, a Hong Kong magazine reported on Monday, in connection with a graft case which investigators estimate is worth some $5 billion.

The government charged Lieutenant General Gu Junshan, who had been deputy director of the logistics department of the People's Liberation Army, with corruption in March, and he is suspected of selling hundreds of military positions.

Phoenix Weekly, a magazine run by Hong Kong broadcaster Phoenix Television which has close ties with the Chinese government, said that total ill-gotten gains amounted to some 30 billion yuan ($5 billion), including about 600 million yuan in bribes accepted by Gu.

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More News On The Corruption Case Of Former Chinese Lieutenant General Gu Junshan

The Chinese soldier with the Midas touch: Senior officer in £3BILLION corruption scam ‘bribed officials with Mercedes cars full of gold bars’ -- Daily Mail
'Gold-obsessed' Chinese officer's graft case worth $6.03 billion: magazine -- Sydney Morning Herald
Chinese general gives out Mercedes filled with gold -- The Telegraph
Top Chinese Army General caught with over USD 98 million -- Economic Times
‘Gold-fanatic’ Chinese officer made some $5bn from bribes: report -- Mining

My Comment: Considering all the money that he passed around .... this General has a lot of friends .... Gu Junshan backers tried to protect corrupt ex-general: Luo Yuan (Want China Times) .... but his days are clearly numbered. On a side note .... I suspect that this case is just the tip of the iceberg. On one of my trips to China (and this was about 12 years ago) I was introduced to a high ranking Chinese General whose son wanted to study at McGill University in Montreal (where I now live). OMG!!!! This guy's home would put Larry Ellison's home to shame.