BEIJING (Reuters) - A former vice president of China Development Bank (CDB), He Xingxiang, has been charged for taking bribes, the official Xinhua news agency said on Friday.
BEIJING (Reuters) – A former vice president of China Development Bank (CDB), He Xingxiang, has been charged for taking bribes, the official Xinhua news agency said on Friday.
He is also charged for issuing financial bills in violation of regulations, illegally issuing huge amounts of loans and concealing overseas deposits, Xinhua said.
He, born in 1963, worked at state lenders Bank of China and Agricultural Development Bank of China before serving as a member of the Communist Party Committee at policy bank CDB.
(Reporting by Ellen Zhang and Ryan Woo; Editing by Jacqueline Wong)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: