Zhang Shuguang, aka ‘High-Speed Rail Number 1 Person’ (高铁第一人).
Though the rumors had been kicking around for a while, an official report from CCTV confirms that the Shanghainese former deputy chief engineer for the Ministry of Railways Zhang Shuguang (张曙光) kept overseas deposits worth $2.8 billion USD. In contrast, former Minister of Railways Liu Zhijun (刘志军, he of the 18 mistresses), made off with only a piddling $155 million USD worth of red-packet money.
5 other officials from the Ministry of Railways are also under investigation. Zhang and Liu were together tasked with the goal of creating a high-speed rail network worth $300 billion USD spanning 10,000 miles by 2015.
Despite the reasonable monthly income of 8000RMB, Zhang managed to amass a fortune of nearly $3 billion greenbacks stashed away in bank accounts in the US and Switzerland. Zhang was also considerate enough to purchase three homes in Los Angeles for his wife and daughter. You can never have too many homes to lounge in while playing QQ Poker on iPads all day, right?
And so the phenomenon of corruption continues unabated in China. Is there a class at the Central Party School on how to be a greedy unconscionable bastard? We only hope that if a human flesh search engine for Zhang’s family happens, then a proper amount of restraint is shown. Go easy, rabid netizens!