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Jiang Jiemin, insiders said the amount involved must be very alarmingSeptember 1, the Ministry of Supervision website information, said SASAC director, party secretary Jiang Jiemin alleged serious violation, and is currently undergoing organizational investigation. It should be noted that, SASAC director Jiang Jiemin before taking office, a former chairman of China Petroleum, party secretary. The surveyed SASAC director from its office, only half a year, this is the first time in the history of the SAC principal leaders of the receiving organization in the event being investigated by Jiang Jiemin was recognized prior to the survey, 26 August, the 27th, CNPC has There are four executives have been sacked, namely Central Committee alternate, CNPC Vice President and General Manager Wang Yongchun Daqing Oilfield, just promoted to group vice president of Li Hualin, PetroChina Changqing Oilfield Company, vice president and general manager of the new RAN rights and PetroChina AG Chief Geologist and Dean Wang Daofu exploration and development of petroleum systems have pointed out, the oil system executives sacked mostly related to corruption, in 2007 the former head of Sinopec Chen Tonghai's arrest is the case. And Wang Yongchun, Li Hualin, Ran Xinquan, PetroChina Daqing Wang Daofu have charge of overseas, Changqing, and pipe the four core businesses, these businesses have traditionally been considered the most fat, and the local people are responsible to grasp the right to dispose of the business , has a great rent-seeking space, these areas often become corrupt and therefore the hardest hit, Wang Yongchun love will once Jiang Jiemin, Li Hualin worked Shengli Oilfield, and this is the place started Jiang Jiemin, these things certainly have contact It seems that was once known as the most powerful person in the oil Jiang Jiemin, no way to successfully escape the anti-corruption storm, and estimated the amount of money involved must be very alarming. an insider told the Economic Information Daily reporters that deserves Note that, this year, on March 18, resigned from PetroChina chairman Jiang Jiemin duties. After leaving the central level leaders within his term response outgoing audit, Jiang Jiemin since November 2006 took over as general manager of CNPC, by convention, the relevant outgoing audit was in 2006 -2013, but sources said, Jiang's departure for the audit was extended to 10 years, a lot has also expanded the scope of the audit, such as the oil temporary fund lending aspects, petrochemical project construction general contractors and other stakeholders look at historical data, Jiang Jiemin, 70, began to enter the oil system, from the Shengli Petroleum Administration Bureau Deputy Director to the Qinghai Petroleum Administration Bureau in Qinghai during his tenure had passed the gas up the oil, the strategic adjustment, success will be transformed into the country's fourth-largest oil field. Not only that, he took the lead in 1998 to promote the petroleum, petrochemical industry restructuring, the main person in charge of both the identity and participation in the preparation of the oil group listed a series of major reform issues. Public information display, in November 2006, Jiang Jiemin, general manager of CNPC took over. May 2007 to become chairman is precisely this year on November 5, the oil return to A shares, the stock opened higher to 48.6 yuan, the total market value reached 8.784 trillion yuan, one stroke off the scale of the global market first Laurel, above followed by ExxonMobil and General Electric's total market value. But after five years, all the way in the oil market has shrunk, now leaving only 1.433 trillion yuan, August 30 closing price of 7.83 yuan, less than a fraction of the price listed on the first day, a company so many executives centralized by the wayside, the energy sector should be an unprecedented event, the next few months, the oil will continue to ferment corruption, overall short-term impact on the oil will be relatively large. Energy Economic Research Center, Xiamen University, Lin Boqiang to the Economic Information Daily told reporters before the oil four executives checked the news, even though the oil company says it will not affect the normal operation, but the capital market is do not buy it, to give corruption discount , only the August 28 one day, the oil H shares of its two listed companies tumbled, HK $ 21.7 billion market value evaporated.