US EditionChina Investigates Former Top Bank Official For Suspected Corruption
- Zhang Hongli, the former vice president of the Industrial and Commercial Bank of China , is under investigation for suspected corruption. The ruling Communist Party did not provide any further details.
- Zhang is the latest former top banker to come under official scrutiny for corruption allegations as Chinese President Xi Jinping is cracking down on deep-seated official corruption. Li Xiaopeng, the former head of Everbright Group, was recently fired for accepting gifts and money, defying party policy, and obstructing an investigation.
- Bank of China's former chairperson Liu Lian'ge has also been arrested for severe violations of discipline and law. Both Lian'ge and Zhang are part of an ongoing anti-corruption campaign in China.
7 Articles
7 Articles
China: Former top official of bank under investigation for suspected corruption
Zhang Hongli, the former vice president of the Industrial and Commercial Bank of China (ICBC), is under investigation for suspected corruption, China's Central Commission for Discipline Inspection said on Saturday (Nov 4). According to the commission, Zhang was suspected of serious disciplinary and legal violations. The ruling Communist Party did not provide any further details.
China investigates former top bank official for suspected corruption
BEIJING, Nov 4 — A top official at one of China’s biggest state-owned banks is under investigation for suspected corruption, the ruling Communist Party announced today. The party’s top anti-corruption watchdog said Zhang Hongli was “suspected of serious disciplinary and legal violations”, an official byword for alleged graft. Zhang previously served as the vice chief of the Industrial and Commercial Bank of China (ICBC), one of the world’s large…
China investigates former top bank official for suspected corruption
Zhang Hongli, a top official at a major state-owned bank in China, is being investigated for suspected corruption, according to the ruling Communist Party. Zhang, who previously served as the vice chief of the Industrial and Commercial Bank of China (ICBC), is the latest finance official to come under scrutiny for corruption allegations. Chinese President Xi Jinping has been leading a campaign against corruption since taking office, which has be…
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