18 October, 2006

Shanghai Graft Investigators Live Rich

If you are going to crack down on graft and abuse of public funds, what better way to illustrate that you are serious than by renting out an entire mansion… where deluxe suites cost US$905 per night. Via the CSM:

SHANGHAI, CHINA – With its rooftop turrets and fancy brickwork, the Moller Villa is a throwback to the Roaring ’20s, when the treaty port of Shanghai, China, was a byword for speculative excess. Built by an Englishman, the Norwegian-style hotel now rents luxury suites to foreign bankers lured by the promise of China’s new bull market.

 

 

 En Photos Moller 01 

But since August, when it abruptly closed its doors to the public for “refurbishment,” a different kind of drama has unfolded behind its high walls. Investigators from the Communist Party’s disciplinary committee have turned the hotel into their temporary headquarters as they probe a blossoming financial scandal that has already snared Shanghai’s political boss and some of his closest business allies.

Room rates are here.

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by @ 4:08 pm. Filed under China, Asia, East Asia, Northeast Asia

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