China’s largest state-run power grid serves nearly 85 percent of the country’s population and generates enormous revenue—enough to for its top executives to serve themselves thousand dollar meals.
Li Ruge, the Party member of the State Grid Corporation, and Xu Peng, and the chief accountant of the company, spent 22,500 yuan ($3600) of public funds on a single meal, according to an investigation report on March 25 by the Central Commission for Discipline Inspection (CCDI), China’s anti-corruption agency.
The report announced that the two received serious warnings from the Party, were made to compensate for the meal, and were taken away for investigation.
