Chinese Court: Ex-State Oil Boss Admits Graft, Power Abuse

April 13, 2015 10:01 AM

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A top official who led China's biggest petroleum company and later was assigned to oversee state-owned companies admitted in court Monday that he was guilty of corruption and abuse of power, the court said.

"My family property went far beyond what my legal income could afford," said Jiang Jiemin, according to a statement posted on the microblog of the Hanjiang Intermediate People's Court in Hubei province. "I admit my crimes and express my regret."

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