Beijing: A Chinese worker is being probed for owning a large number of properties, including 149 houses, valued about US $16 million in a city in southeastern Jiangxi province.
Xu Linbao, a worker at the People's Procuratorate of High-tech District in Nanchang City, is alleged to own 149 housing units in the city together with family members, the Nanchang City People's Procuratorate said yesterday.
According to Procuratorate, Mr Xu and his family purchased the houses from 1995 to 2015 at a cost of more than 110 million yuan (US $16 million).
Mr Xu still owes loans of more than 96 million yuan to local banks. He was suspended from his post in October, state-run Xinhua news agency reported.
Procurators have passed information about the case over to local police.
Xu Linbao, a worker at the People's Procuratorate of High-tech District in Nanchang City, is alleged to own 149 housing units in the city together with family members, the Nanchang City People's Procuratorate said yesterday.
According to Procuratorate, Mr Xu and his family purchased the houses from 1995 to 2015 at a cost of more than 110 million yuan (US $16 million).
Mr Xu still owes loans of more than 96 million yuan to local banks. He was suspended from his post in October, state-run Xinhua news agency reported.
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Procurators have passed information about the case over to local police.
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