Vice Chairman Of The Chinese Development Bank Was Arrested

The Chinese Anti-Corruption Agency arrested the Vice President of the Development Bank He Xingxiang to serve the investigation 09: 00/1: 06 Southern region 9/9, the Communist Party Committee's Commission for Inspection China (CCDI) said, Vice President of the Chinese Development Bank (CDB) He Xingxiang is being investigated for "suspects of disciplined and legal serious violations" - the phrase used to refer to contact Requesting to the problem of corruption. He Xingxiang is in the list of leaders at China's leading financial institutions being investigated. CCDI has arrested or prosecuted 22 Chinese senior officials. He Xingxiang is the third leader of the Chinese Development Bank arrested since 2016. (Photo: Reuters) before that, former CDB President Hu Huaibang was sentenced to life imprisonment for accepting a bribe about 13

.2 million USD. He Xingxiang was born in 1963, experiencing many positions before working at CDB. He used to work at China Bank - one of four state-owned commercial banks, China's agricultural and import-export banking banks CDB is one of the three leading policy banks China, holding an important position in providing financially large domestic infrastructure projects and overseas strategic investments under the initiative "belt - road" .Kong Anh ( Source: SCMP)

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