China's Central Bank Deputy Under Probe For Suspected Violations
NDTV
Chinese President Xi Jinping has stepped up efforts in recent years to weed out corrupt Communist Party officials in the financial sector.
China's top anti-corruption watchdog said on Saturday it is investigating Fan Yifei, one of six deputy governors of China's central bank, over "suspected serious violations of discipline and law".
Fan, 58, has held the deputy governor position since early 2015, before which he had held senior roles with China Construction Bank and China Investment Corporation.
Chinese President Xi Jinping has stepped up efforts in recent years to weed out corrupt Communist Party officials in the financial sector.
The Central Commission for Discipline Inspection (CCDI) announced the investigation in a statement but did not give any details.