A Chinese senior official’s grandson says he participated in a scheme to hoard personal protective equipment and other medical supplies from foreign countries on behalf of corrupt officials in China, who then sold the products at a profit to local governments and eventually individuals seeking to cope with the COVID-19 pandemic.
Jiang Pengyong initially agreed to the scheme because he thought he was contributing to the nation’s epidemic response. He said procured the goods through his Shenzhen-based e-commerce company, Shenzhen Jipingyong Tech Co., which has an office in South Korea and where Jiang is based.
