He accused entrepreneur friends of the president of trying to make improper deals with the state.
Last December, Mr. Hertz pleaded guilty to conspiracy and wire fraud charges for his role in the improper deals.
On Wednesday, the chairman of China Resources, Mr. Song, issued a statement on the company's Web site, denouncing the accusations of improper dealing as "utterly false charges".
BaFin has said it had concrete indications of improper deals in the firm's stock before the news, which sent the share price up more than 10percentt.
"I have a low threshold for improper dealing, for incompetence and for impropriety, and I intend to be vigorous in ensuring that our community school boards do not overstep their very limited authority," he said.
The opposition leader, Bill Shorten, has called on the government to launch an immediate joint police taskforce into allegations that construction union officials had been involved in improper deals, including bribery and kickbacks.
Now the ethics committee has confirmed his longtime assertion that he did not receive an improper mortgage deal.
Craig Thompson, president of the Memorial Sloan-Kettering Cancer Center in New York City, yesterday was hit with a second lawsuit alleging that he made an improper business deal to exploit his research on the metabolism of cancer cells.
In a partial dissent to today's order, a commissioner accused the F.C.C. staff of making improper side deals with the telephone industry to gain its support for the order.
He saw nothing odd or improper in dealing with the most exalted subjects and then turning to the more ordinary task of telling students to avoid jargon and cliches, and advising them about quotations and footnotes.
