second chinese banker probed for graft
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Second Chinese banker probed for graft

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Second Chinese banker probed for graft

Shanghai - AFP

The head of one of China's biggest banks is under investigation for corruption, a media report said, the second graft case involving bankers to emerge in a month. Authorities have detained Tao Liming, head of the Postal Savings Bank of China, for granting loans in violation of rules, the influential business magazine Caixin said Monday, giving no further details. The bank's state parent said Tao and finance department chief Chen Hongping were assisting in an investigation involving their personal "economic problems" -- typically a reference to corruption. "The bank's business, operations and financial affairs have not been affected," China Post Group said in a statement issued Monday. The Beijing-headquartered bank could not be reached for comment on Tuesday. The Postal Savings Bank -- the country's seventh largest by assets -- emerged through China's massive post office network and was formally set up in 2007. The bank, which is undergoing restructuring ahead of a planned stock listing, has more than 37,000 business outlets. In another recent case, the Agricultural Bank of China said late last month that vice president Yang Kun was assisting in an investigation, amid media reports the probe involved gambling debts. Yang allegedly brokered large loans to a Beijing property company in violation of rules, state media has reported. In 2010, the courts handed a suspended death sentence to a former vice president of the China Development Bank for taking bribes in return for providing loans to businesses. Chinese business and political circles are riddled with corruption -- a situation that has repeatedly been singled out by top leaders as the biggest danger to face the ruling Communist Party.

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

second chinese banker probed for graft second chinese banker probed for graft

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

second chinese banker probed for graft second chinese banker probed for graft

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 01:20 2012 Friday ,02 March

Egypt's 18 days of revolution

GMT 08:57 2015 Tuesday ,29 September

Congolese 'Nzango' dances into sporting big-time

GMT 14:20 2017 Wednesday ,09 August

A Wiki way to fight fake news

GMT 23:47 2012 Thursday ,28 June

Ex-NASA astronauts aim to launch asteroid tracker

GMT 10:35 2015 Thursday ,19 March

South Korean bank to aid Myanmar IT project

GMT 01:36 2014 Wednesday ,08 October

World Bank CFO gives up bonus after uproar

GMT 03:30 2015 Friday ,27 February

Agricultural bank cancels 90% of farmers' interests

GMT 10:29 2012 Saturday ,03 March

Re-entering politics after previous boycotts

GMT 05:40 2012 Thursday ,19 April

Pirates go top after sharing derby spoils

GMT 08:34 2014 Sunday ,23 November

Zamalek training sessions cancelled due to clashes
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday