Former chairman of Kweichow Moutai Group arrested for bribery

Yuan Renguo, former chairman of Kweichow Moutai Group, has been formally arrested for taking bribes, according to the Supreme People's Procuratorate (SPP) Thursday.

Yuan Renguo, former chairman of Kweichow Moutai Group. [File photo: IC]

The Guizhou Provincial Supervisory Commission has completed the investigation into Yuan's case and handed it to prosecuting agencies, said a statement on the SPP website.

The Guiyang Municipal People's Procuratorate is handling Yuan's case.

Yuan was expelled from the Communist Party of China (CPC) and public office for multiple offenses including graft and hindering official investigations, according to a statement issued by the CPC Guizhou Provincial Commission for Discipline Inspection on Wednesday.