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Bo Xilai's brother quits as China Everbright director Bo Xilai's brother quits as China Everbright director
(about 3 hours later)
Fallout from the sacking of former Chongqing party leader Bo Xilai has spread with his brother resigning as vice-chairman of China Everbright International Ltd. The company moved to distance itself from the Chinese political scandal, which has extended as far as Britain due to Bo's wife being investigated over the death of a UK national.

Bo Xiyong's departure on Wednesday from a post he had held since 2003 signals widening scrutiny of Bo Xilai's family connections as China's leaders seek to contain the scandal ahead of this year's transfer of power from President Hu Jintao to the next generation, likely to be led by the current vice-president, Xi Jinping.
Fallout from the sacking of the former Chongqing party leader Bo Xilai has spread as his brother resigned as vice-chairman of China Everbright International Ltd. The company moved to distance itself from the Chinese political scandal, which has extended as far as Britain as Bo's wife is investigated over the death of a UK national.

Bo Xiyong's departure on Wednesday from a post he had held since 2003 signalled widening scrutiny of Bo Xilai's family connections as China's leaders seek to contain the scandal before this year's transfer of power from President Hu Jintao to the next generation, likely to be led by the current vice-president, Xi Jinping.
Bo Xiyong was using the name Li Xueming at Everbright but the Hong Kong company's registry documents record that Li and Bo Xiyong, Bo Xilai's elder brother, are the same person.Bo Xiyong was using the name Li Xueming at Everbright but the Hong Kong company's registry documents record that Li and Bo Xiyong, Bo Xilai's elder brother, are the same person.
The construction, water and waste investment holding company made no reference to Li's relationship with Bo Xilai but said the resignation was "to minimise any possible adverse impact on the company of certain reports recently published by the media on his family background".The construction, water and waste investment holding company made no reference to Li's relationship with Bo Xilai but said the resignation was "to minimise any possible adverse impact on the company of certain reports recently published by the media on his family background".
Bo Xilai, the son of Bo Yibo – a former Chinese vice-premier and revolutionary who fought alongside Mao Zedong – was removed as party secretary of Chongqing in March and stripped of his Politburo post in April. He is being investigated for violating party discipline in the biggest scandal to hit the ruling Communist party for two decades.Bo Xilai, the son of Bo Yibo – a former Chinese vice-premier and revolutionary who fought alongside Mao Zedong – was removed as party secretary of Chongqing in March and stripped of his Politburo post in April. He is being investigated for violating party discipline in the biggest scandal to hit the ruling Communist party for two decades.
His wife, Gu Kailai, is under investigation for the murder of British businessman Neil Heywood. Chongqing police believe Heywood was poisoned after he threatened to expose a plan by a Chinese leader's wife to move money abroad, two sources with knowledge of the police investigation have told Reuters.His wife, Gu Kailai, is under investigation for the murder of British businessman Neil Heywood. Chongqing police believe Heywood was poisoned after he threatened to expose a plan by a Chinese leader's wife to move money abroad, two sources with knowledge of the police investigation have told Reuters.
Bo's downfall was precipitated by his former police chief, Wang Lijun, seeking refuge at the US consulate in Chengdu. Bo Xilai ran Chongqing and had clear ambitions to ascend later this year to China's top leadership, the Communist party's nine-member standing committee.

Since then details have begun to emerge about Bo and his family, prompting his son, the Oxford and Harvard-educated Bo Guagua, to deny rumours about his own private life and family.
Bo's downfall was precipitated by his former police chief, Wang Lijun, seeking refuge at the US consulate in Chengdu. Bo Xilai ran Chongqing and had clear ambitions to ascend later this year to China's top leadership, the Communist party's nine-member standing committee.

Since then details have begun to emerge about Bo and his family, prompting his son, the Oxford and Harvard-educated Bo Guagua, to deny rumours about his own private life and family.
Bo Xiyong has 10m Everbright shares, according to a corporate filing, which are valued at about HK$32.9m (£2.6m/US$4.2m) based on the stock's closing price on Tuesday. He also holds a list of other directorships in Hong Kong-listed companies including property developer and investor HKC Holdings Ltd. Bo Xiyong is also a director of Advanced Technology and Economic Development, corporate records show. Bo Xiyong has 10m Everbright shares, according to a corporate filing, which are valued at about HK$32.9m (£2.6m/US$4.2m) based on the stock's closing price on Tuesday. He also holds a list of other directorships in Hong-Kong-listed companies including the property developer and investor HKC Holdings Ltd. Bo Xiyong is also a director of Advanced Technology and Economic Development, corporate records show.
Other siblings and members of Bo Xilai's and Gu Kailai's families hold directorships with a large number of companies.Other siblings and members of Bo Xilai's and Gu Kailai's families hold directorships with a large number of companies.