|
CHINA> National
![]() |
|
Top banking official sacked for corruption
(Xinhua)
Updated: 2009-02-04 19:30 BEIJING -- A senior banker of the state-run China Development Bank has been sacked for taking bribes, the Communist Party of China's disciplinary watchdog said Wednesday.
Wang Yi, vice president of the bank, was removed from his official post and stripped of his CPC membership for "severe violation of disciplines and the law," said the CPC Central Commission for Discipline Inspection (CCDI), the ruling party's internal anti-graft body. Investigations showed that Wang had abused his office to make profits for others and accepted large amounts of money in return, the commission said, without detailing the sums involved. He was also found to have taken advantage of his post to make profits for his relatives' businesses, it said. Wang has been referred to prosecutors and could face criminal charges. His illegal earnings resulting from violations of disciplines were confiscated, it added. China Development Bank was set up in 1994 as a policy bank mainly meant to finance government projects. Wang previously served as a vice chairman of the China Securities Regulatory Commission, China's stock watchdog. |
松溪县| 河北区| 融水| 米脂县| 南投县| 剑川县| 富顺县| 常德市| 东乌珠穆沁旗| 濮阳县| 肥乡县| 庄浪县| 临武县| 安吉县| 南华县| 高青县| 湘西| 巫山县| 宜阳县| 乡宁县| 中方县| 南陵县| 同江市| 西充县| 玉屏| 玉山县| 安龙县| 曲周县| 柘城县| 伊通| 肇庆市| 玛纳斯县| 和静县| 石狮市| 崇左市| 龙游县| 罗甸县| 高唐县| 兴文县| 合水县| 宽甸|