Flies and Tigers | 抓蝇打虎
Probe into bank’s former supervisory chief
国家开发银行原监事长姚中民涉嫌严重违纪接受组织调查
Print Edition
THE former head of China Development Bank’s supervisory board is under investigation for suspected corruption, the anti-graft agency said yesterday.
Yao Zhongmin is suspected of “serious breaches of discipline,” the Central Commission for Discipline Inspection said.
China has waged a far-reaching campaign against corruption, targeting sectors from the military to state-owned enterprises. The drive has felled many high ranking officials.
The financial sector has also been targeted by anti-graft authorities, and an investigation into China Construction Bank, the country’s second-largest lender, found in April that hundreds of officials improperly used their positions to obtain favors for friends and families.
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