Moutai. You know you want some. Image via Wikipedia
Everyone starts looking around for scapegoats when gasoline prices start getting high. In China they found a good one this week in the form of Lu Guangyu, the general manager of operations in Guangdong for state oil giant Sinopec. Lu was demoted after an online whistleblower revealed that he had spent some 1.6 million yuan (roughly $230,000) in company money buying alcohol.
Sinopec Chairman Fu Chengyu reportedly said in a press conference Monoday that “The scandal has greatly destroyed Sinopec’s image and resulted in harm to the company’s business.” Adding that “Lu should be held directly responsible for the loss.”
The company, which is controlled by the state, ordered Lu to pay back $20,000 for the booze he and his associates had already drunk.
Lu’s alco-haul reportedly comprised 1,176 bottles, including 480 bottles of Moutai, an expensive Chinese liquor. Some of it was reportedly 50-year-old Kweichow Moutai that cost on the order of $1,000 a bottle. Also included were 17 bottles of 1996 Chateau Lafite Rothschild.
Read more at Forbes
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