Several government departments including the PBOC will work together to track down corrupt Chinese fugitives and recover ill-gotten gains.
March 2, 2021The current and former Shanghai chiefs of Ping An Bank and the Suzhou branch head of China Guangfa Bank are assisting in an anti-graft probe linked to former CSRC chairman Liu Shiyu.
October 23, 2019Liu Shiyu has been removed from his government post and had his illegal gains confiscated, but he will remain a member of the CCP due to his cooperation in the probe.
October 7, 2019The bank's former chairman is said to have channelled bribes to a party official from the now-missing former chairman of a conglomerate, CEFC China Energy.
August 1, 2019China's Central Commission for Discipline Inspection has reportedly opened a corruption probe into the CBIRC's Fujian branch head, Qi Xinzheng.
July 30, 2019A former Bangladesh Bank assistant director was fined and sentenced to 10 years in jail for misappropriating $61,700 more than 20 years ago.
February 19, 2019China is planning to install anti-graft officials at some of the largest state-owned financial institutions in the country, according to an SCMP report.
November 9, 2018