Former Bank of China boss arrested on corruption charges

1 year ago 38

Liu Liange charged with accepting bribes and illegally granting loans amid country’s anti-corruption drive

China has arrested the former head of one of the country’s largest commercial banks on charges of accepting bribes and illegally granting loans, amid a two-year anti-corruption drive targeting the financial sector.

China’s Central Commission for Discipline Inspection (CCDI), which is investigating corruption within the ruling Communist party, said on Monday that Liu Liange had been arrested, after announcing the start of the investigation in March.

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