Jiang Jiemin (蒋洁敏, born October 1954) is a former Chinese oil executive and senior Communist Party and economic official. He was the general manager and then chairman of the China National Petroleum Corporation (CNPC), before being appointed the director of the State-owned Assets Supervision and Administration Commission (SASAC) in March 2013. He was also a member of the 18th Central Committee of the Communist Party of China.

Jiang was reported to have faced unusual public criticism from small investors after PetroChina’s share price fell sharply due partly to the government’s control of retail fuel prices. The Times noted that he was a key figure in “China’s determined expansion of its energy empire overseas.”

In November 2012, the South China Morning Post reported that in the aftermath of the Ferrari death of Ling Gu, the 23-year-old son of Ling Jihua, top aide to former Party General Secretary Hu Jintao, Jiang wired hush money from the company’s accounts to the families of the two women who were accompanying Ling Gu at the time of his death.

In September 2013, Jiang was abruptly removed from his post and came under investigation for corruption and abuse of power, along with four other senior oil executives. Jiang was considered an ally of former security chief Zhou Yongkang, and part of a group of officials that had political ties with Zhou.

In June 2014, Jiang was expelled from the Communist Party of China; he was convicted on charges of abuse of power and bribery and sentenced to 16 years in prison.

Wikimedia

LEAVE A REPLY

Please enter your comment!
Please enter your name here