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Ex-chairman of Moutai liquor probed over violations

By Zhang Yan | chinadaily.com.cn | Updated: 2019-05-22 16:00

Yuan Renguo, ex-chairman of Chinese liquor tycoon Kweichow Moutai. [Photo/IC]

Yuan Renguo, former chairman of Kweichow Moutai Group, has been placed under investigation for “serious violations of Party discipline and laws,” Guizhou provincial commission for discipline inspection and Guizhou commission of supervision announced Wednesday.

According to the statement from the authority, Yuan seriously violated the political discipline and used the franchise rights of Moutai liquor to exchange for interests and climb up to reach officials in higher positions.

Moreover, his family members were involved in graft-related issues. He used his job convenience to gain benefits for others, and then accepted their huge bribes either paid in cash or other properties.

He has been expelled from the Party and removed from public office.

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