Skip to main content
Best News Website or Mobile Service
 
WAN-IFRA Digital Media Awards Worldwide
Best News Website or Mobile Service
 
Digital Media Awards Worldwide
Hamburger Menu

Advertisement

Advertisement

Business

China anti-graft watchdog investigates China Life Insurance chairman

China anti-graft watchdog investigates China Life Insurance chairman

File photo. The Chinese national flag is seen in Beijing, China on April 29, 2020. (Photo: Reuters/Thomas Peter)

SHANGHAI: China's Central Commission for Discipline Inspection (CCDI) has placed Wang Bin, the chairman of China Life Insurance Co Ltd, under investigation, the bureau said on Saturday (Jan 8).

Wang is "suspected of serious violations of discipline and law, and is currently undergoing disciplinary review and investigation", the anti-graft watchdog wrote in a statement.

China's CCDI has recently placed the country's financial sector under scrutiny.

In October, the bureau deployed teams to 25 financial institutions including the central bank and stock exchanges as part of a campaign to weed out corrupt officials.

Source: Reuters/aj

Advertisement

Also worth reading

Advertisement