BEIJING, July 19 (Reuters) – The former president of the China Development Bank, Ouyang Weimin, has been put under investigation on suspicion of serious disciplinary and legal violations, China’s anti-graft watchdog, the Central Commission for Discipline Inspection, said on Sunday. In 2024, a former vice president of the bank was sentenced to 12 years jail […]
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Former China Development Bank president put under anti-graft investigation
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BEIJING, July 19 (Reuters) – The former president of the China Development Bank, Ouyang Weimin, has been put under investigation on suspicion of serious disciplinary and legal violations, China’s anti-graft watchdog, the Central Commission for Discipline Inspection, said on Sunday.
In 2024, a former vice president of the bank was sentenced to 12 years jail and fined for accepting bribes.
(Reporting by Liz Lee and Shi Bu; Editing by Christian Schmollinger)