CR Holdings denies whistleblower’s bombshell Published: 2013-7-18 16:38:00

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CR Holdings denies fraud
China Resources Holdings on July 17 rebutted the claim that corruption and fraud was involved in a 10-billion acquisition in 2010 by one of its subsidiaries, after a reporter with the Xinhua News Agency leveled accusations at its chairman online.

       Case  Details

July 17 noon
Reporter Wang Wenzhi made an explosive real-name whistle-blowing report on his Sina Weibo account. Wang accused Song Lin, chairman of China Resources Holdings, and other senior managers of losing the State-owned firm billions of yuan in an acquisition.
July 17 afternoon
Wang's report was deleted. No official Weibo accounts of the Xinhua News Agency re-posted Wang's report and all media reports concerning Wang's whistle-blowing were removed from the Internet.
July 17 afternoon
China Resources Holdings issued a statement, denying all the allegations

About Wang Wenzhi:
Wang Wenzhi is the chief journalist of the Economic Information Daily affiliated to the Xinhua News Agency.

About CR Hodings:
China Resources is a State-owned enterprise, and a Fortune Global 500 conglomerate involved with the retail, property, finance and power sectors.


GT editorial: Caution needed in Weibo whistle-blowing
The current situation is that some media are too cautious to tackle their responsibilities, while their reporters want to do their jobs and uncover scandals. This results in some journalists resorting to the Internet.

Luo Changping set a good example. But if journalists like Luo spring up in all media, the order of Chinese media will be changed and people's understanding and the power of social networking sites will also be altered.

Combining anti-corruption efforts with the Internet is a new thing in China, which has many uncertainties. Those who have the power to disclose information should assume the responsibility of eliminating and reducing uncertainties.

China Youth Daily: Internet new ‘trump card’ for whistleblowers
Why do whistleblowers choose to release information online? That is because some local procuratorates are known to conceal information, sweep matters under the rug and not act at all. Whistleblowers harness the power of the Internet and media to force procuratorates to investigate cases.

Our country will only progress in furthering the rule of law when people regain their trust that procuratorates can effectively address and investigate controversial issues.

The Procuratorate Daily: Why do reporters turn to new media?
While it is now generally safer overall for reporters to publish in conventional media, the current media environment in China is not yet open enough for them to release all the results of their investigations. They are often left with two choices: give up or resort to real-name reporting online. It is in China’s rapidly developing new media that reporters often find success.

Changsha Evening News: New media makes real-name reporting less risky

Real-name reporting shows the determination and courage of reporters. It improves the quality of investigations and is conducted in the public interest. In recent years, an increasing number of real-name reports have surfaced online with the help of new media. Most reporters run a lesser risk reporting than ever before. But the main reason there are more real-name reports is because the government has increased anti-corruption efforts and has strived to improve the work style of official

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实名举报 shímíng jǔbào real-name report


记者王文志实名举报华润集团董事长宋林等人渎职一事受到社会广泛关注。(Source: 人民网)

The real-name report by a journalist called Wang Zhiwen about the case of Song Lin, chairman of China Resources Holdings, received widespread attention.

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