Former China Development Bank exec charged for taking bribes- state media

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Former China Development Bank exec charged for taking bribes- state media
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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.

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 WongSubscribe to our sustainability newsletter to make sense of the latest ESG trends affecting companies and governments.

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