China's Nuclear bigwig under investigation

The general manager and Communist Party secretary of China National Nuclear Corp. is currently being investigated for "grave violations of discipline," according to the New York Times. The official, 56-year-old Kang Rixin is also a member of the Communist Party Central Committee and was responsible for increasing the nation's capacity for generating nuclear power at least sixfold in the next decade. While the announcement didn't say what accusations were being thrown at Kang, business journal Caijing said that unidentified sources suspected teh inquiry centered around roughly $263 million in company funds that disappeared in the stock market. They were also possibly looking into suspected bidding irregularities in nuclear power plant contracts.