Ex-boss of China’s state-run bank Everbright arrested on corruption charges
Al Jazeera
Tang Shuangning is latest in long line of high-profile figures to be ensnared in Xi Jinping’s anticorruption drive.
The former head of China’s state-owned banking giant Everbright Group has been arrested for alleged corruption, prosecutors have said.
Tang Shuangning, 69, was arrested on suspicion of taking bribes and embezzlement following the conclusion of an investigation by the anticorruption authority, China’s Supreme People’s Procuratorate said on Monday.
Tang was earlier this month expelled from the ruling Communist Party for alleged violations of party discipline, including bringing unauthorised books into the country and accepting illicit gifts.
The former bank chairman is the latest in a long line of high-profile figures within China’s financial sector to be ensnared in President Xi Jinping’s sweeping campaign against corruption.
Last month, Sun Guofeng, the former head of the central bank’s monetary policy department, was sentenced to 16 years and six months in prison for taking bribes, leaking state secrets and insider trading.
