Yang Jiacai, assistant chairman of China’s top banking regulator, has been placed under investigation for suspected corruption, making him the highest ranking banking regulator to become ensnared in the government’s latest crackdown on financial malfeasance.
The Central Commission for Discipline Inspection said in a statement on Tuesday that Yang, 56, is under investigation for suspected severe violations of discipline, the usual euphemism for corruption.
In line with its usual practice, the top anti-graft watchdog didn’t elaborate further in the statement on its website, nor did it specify whether Yang had been removed from his position as assistant chairman of the China Banking Regulatory Commission (CBRC).
The full original article can be found at scmp.com
May 24, 2017 at 05:16PM
from Ysa Deveza
No comments:
Post a Comment