Shanghai's party chief kicked to the curb

How do you spell "scandal"? C-H-E-N L-I-A-N-G-Y-U. Our dear leader has been fired, the latest shoe to drop in the ongoing corruption investigation. Here's how the state news service broke the news:

Chen Liangyu, secretary of the Shanghai Municipal Committee of Communist Party of China (CPC), has been sacked for his involvement in a social security fund scandal.

Chen was also suspended from the posts of member of the Political Bureau of the CPC Central Committee and member of the CPC Central Committee.

The Political Bureau of the CPC Central Committee convened a meeting on Sunday and discussed a preliminary investigation reporton Chen's problems, which was tabled by the the CPC Central Commission for Discipline Inspection.

The CPC Central Commission for Discipline Inspection is investigating Chen's case.

According to the preliminary investigation, Chen was also involved in other discipline violations, such as helping to further the economic interests for illegal entrepreneurs, protecting his staff who severely violated laws and discipline, furthering the interests of family members by taking advantage of his official posts.

And so on.

We have a couple posts in the works on this developing story, so stay tuned.

Related
Shanghai Party Boss Held for Corruption (New York Times)
Shanghai party head sacked in pensions scandal (Financial Times)
China mkts move little on Shanghai chief's fall (Reuters)