Former China Development Bank president put under anti-graft investigation

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)

Brought to you by www.srnnews.com

Click here to read the full article