BEIJING, July 29 (UPI) -- An investigation of retired domestic security chief Zhou Yongkang is underway, part of a broad corruption inquiry, the Chinese Communist Party announced Tuesday. His detention and investigation are the strongest moves thus far by Chinese President Xi Jinping to impose authority and root out what is regarded as rampant corruption at the highest levels of government.
Although charges were not announced, Zhou, 71 -- who retired from the Politburo Standing Committee in 2012 -- acquired a large amount of influence in government service in southwest China's Sichuan province, while his family amassed wealth in the oil and gas sector of the economy he administered. Assets valued at over 1 billion renminbi, or about $160 million, are held by Zhou's relatives, a recent New York Times investigation indicated.