Liu Tienan, formerly deputy head of the National Development and Reform Commission, had allegedly accepted huge bribes while in office, the BBC reports.
Liu was found guilty of seeking benefits for his relatives' businesses by breaking relevant regulations and accepting cash and gifts, the report added.
Luo Changping, deputy editor of the respected Caijing Magazine, had first levelled allegations against Liu in December, blaming him for involvement in questionable financial deals, fabricating his academic records and threatening to kill a former mistress.
Meanwhile, the Central Commission for Discipline Inspection had begun investigating Liu for suspected serious disciplinary violations in May.
The move comes amid a high-profile crackdown on corruption announced by the newly elected Chinese President Xi Jinping.
However, the Chinese authorities still control the internet and any serious allegations against senior leaders are immediately censored, unless they have been officially sanctioned.
--ANI (Posted on 10-08-2013)