China indicts ex-Politburo member Ma Xingrui for bribery
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
- Wall Street ends higher after Democrats win Congress; data center stocks tumble
- What the Democratic sweep in the midterms means for markets
- SpaceX, Tesla slide as election risks mount, Morgan Stanley turns bullish
- CVS Health plans to split into two public companies by 2028
- AI sector outlook darkens as Democrat wins threaten $900B capex cycle
Tweet
Share
E-mail
FILE PHOTO: Xinjiang Party Secretary Ma Xingrui attends the Xinjiang delegation meeting during the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 7, 2025. REUTERS/Tingshu Wang/File Photo
BEIJING, Nov 5 (Reuters) - China has indicted Ma Xingrui, a former member of the ruling Communist Party's Politburo, on charges of taking bribes, official news agency Xinhua said on Thursday, as President Xi Jinping steps up his campaign to root out graft.
Prosecutors accused Ma of using his positions and status as a government official and as general manager of the state-owned contractor for China's space programme to "seek benefits" and accept "particularly large amounts" of bribes.
His expulsion from the Communist Party on graft charges was confirmed last week in a communique from the party's fifth plenum.
Ma was among 33 officials listed as expelled, including former senior military leader Zhang Youxia, former senior diplomat Liu Jianchao and former industry minister Jin Zhuanglong.
There was no immediate response to Reuters attempts, by email and fax, to seek comment from Ma.
(Reporting by Liz Lee and Beijing newsroom; Editing by Muralikumar Anantharaman and Clarence Fernandez)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Australia to join Indonesia's wildfire waterbombing operations, disaster agency says
- Oil falls for a fourth day on expectations for lower risk of Iran war escalation
- OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Brockman says
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
