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Former China Development Bank president put under anti-graft investigation
*In 2024, a former vice president of the bank was sentenced to 12 years jail and fined for accepting bribes
AI Overview (with editorial review)
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China's anti-graft watchdog is investigating Ouyang Weimin, former president of China Development Bank, for serious disciplinary and legal violations, following a previous corruption conviction at the bank.
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- Investigation into Ouyang Weimin, former China Development Bank president.
- Allegations of serious disciplinary and legal violations.
- Previous corruption conviction involving a bank vice president.
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BEIJING: 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.
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In 2024, a former vice president of the bank was sentenced to 12 years jail and fined for accepting bribes.