The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, Feb. 19, 2024, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping's yearslong anticorruption drive. (AP Photo/Luca Bruno, File)BEIJING (AP) — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping's yearslong anticorruption drive. The anti-corruption campaign, which is popular with the public and has allowed Xi to sideline political rivals, shows no sign of letting up. The Supreme People’s Procuratorate announced last month that Tang Shuangning, the former chairman of China Everbright Group, another state-owned bank, had been arrested on suspicion of embezzlement and bribery. Beyond finance, the former chairman of the Chinese Football Association was tried last month on charges of taking 81 million yuan ($11.2 million) in bribes.

Source: Daily Nation February 19, 2024 18:10 UTC