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Ex-chair of Chinese state-run bank Everbright held for corruption: Prosecutors

BI Desk || BusinessInsider

Published: 12:38, 15 January 2024  
Ex-chair of Chinese state-run bank Everbright held for corruption: Prosecutors

Photo: Collected

The former chairman of state-owned Chinese banking giant Everbright Group has been arrested on suspicion of corruption and bribery, prosecutors said on Monday, reports BSS/AFP.

Beijing's Supreme People's Procuratorate said an initial investigation into ex-boss Tang Shuangning had concluded and that he was arrested "in recent days".