Διαφθορά στην Κίνα: Ισόβια σε πρόεδρο ασφαλιστικής
Δημοσιεύτηκε: 13 Σεπ 2023, 10:47
Mr Wang, who was the firm's Communist Party chief, was also sentenced to a year in prison for illegally hiding 54.2 million yuan in overseas deposits.
He is the latest boss from a major Chinese financial institution to be ensnared in President Xi Jinping's more than two-year longcrackdown on corruption in the $60 trillion (£48 trillion) industry.
In 2021, Lai Xiaomin, the former chairman of Huarong - one of China's biggest state-controlled asset management companies - was executed after being found guilty of corruption and bigamy.
The same year, former China Development Bank chairman Hu Huaibang was sentenced to life in prison in a 85.5 million yuan bribery case.
Bao Fan, one of the country's most high-profile billionaire bankers and the chief executive of China Renaissance Holdings, has been "cooperating in an investigation being carried out by certain authorities" since his disappearance in February this year.https://www.bbc.com/news/business-66793 ... ormat=link
He is the latest boss from a major Chinese financial institution to be ensnared in President Xi Jinping's more than two-year longcrackdown on corruption in the $60 trillion (£48 trillion) industry.
In 2021, Lai Xiaomin, the former chairman of Huarong - one of China's biggest state-controlled asset management companies - was executed after being found guilty of corruption and bigamy.
The same year, former China Development Bank chairman Hu Huaibang was sentenced to life in prison in a 85.5 million yuan bribery case.
Bao Fan, one of the country's most high-profile billionaire bankers and the chief executive of China Renaissance Holdings, has been "cooperating in an investigation being carried out by certain authorities" since his disappearance in February this year.https://www.bbc.com/news/business-66793 ... ormat=link