Former Bank of China chairman investigated by graft agency
Chinese state TV says a former chairman of Bank of China Ltd
Former Bank of China chairman investigated by graft agency
Show all 2Your support helps us to tell the story
This election is still a dead heat, according to most polls. In a fight with such wafer-thin margins, we need reporters on the ground talking to the people Trump and Harris are courting. Your support allows us to keep sending journalists to the story.
The Independent is trusted by 27 million Americans from across the entire political spectrum every month. Unlike many other quality news outlets, we choose not to lock you out of our reporting and analysis with paywalls. But quality journalism must still be paid for.
Help us keep bring these critical stories to light. Your support makes all the difference.
A former chairman of Bank of China Ltd., one of the country's four major state-owned lenders, is under investigation by the ruling Communist Party's anti-corruption agency, state TV reported Friday, adding to a string of high-level financial figures ensnared in a marathon crackdown.
Liu Liange, who also is a former party secretary of the bank, is suspected of “serious disciplinary violations,” China Central Television said on its website. The one-sentence report gave no details of the allegations against Liu.
Figures including bank executives, a deputy central bank governor and a former insurance regulator have been caught up in the crackdown led by Chinese leader Xi Jinping. The campaign is popular with the public and has allowed Xi to sideline political rivals.
The former head of a state-owned asset management company was put to death in 2021 on charges of taking bribes. Others have been sentenced to long prison terms.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.