According to the Xinhua report, the Chinese authorities were looking to take stern measures on Bo, a one-time emerging political star who left the nation shocked after indulging in scandal.
Bo, who was suspended from the Politburo earlier this year, has been expelled from the Communist Party of China and from public office ahead of the leadership transition meeting due to be held on Nov 8. The meeting will confirm names of the country's leaders for the next decade.
The 24-member Politburo decided on Friday that the case of Bo, the former Chongqing Party Secretary, would be handed over to judicial authorities.
Bo, 63, was held responsible for the scandal that witnessed his wife Gu Kailai convicted of murdering British businessman Neil Heywood in November last year, the report said.
Bo was seen as the candidate to be promoted to the party's top positions but murder allegations against his wife put paid to his ambitions. Gu was convicted of poisoning Heywood after a huge business deal reportedly went sour.
Bo was also accused of paying Chinese actor Zhang Ziyi to have sex with him on a dozen occasions over the last five years. It is said Bo had paid 6 million yuan a night to indulge in sexual activities. He was also accused in the Wang Lijun incident, a major political scandal in China which broke out earlier this year.