Former China Central Bank Deputy Governor Detained On Bribery Suspicion

China’s top prosecutor stated that Fan Yifei, a former deputy governor of China’s central bank was arrested on Tuesday for suspected bribery.

Fan Yifei, 59, is the highest-ranking official at the People’s Bank of China to be jailed in the past decade as a part of President Xi Jinping’s anti-corruption crusade.

The Supreme People’s Procuratorate stated in a statement that Fan Yifei would be prosecuted and that the case was being investigated further.

Also read: Jagannath Yatra Commences In Puri, Thousands Of Devotees Join, Adequate Arrangements Made At Mega-Religious Event

According to the state media, Fan was expelled from the Communist Party and dismissed from his position this month for major violations of discipline and the law.

The top anti-corruption watchdog alleged he used his position to profit others through loan financing and illegally accepting property.

Also read: Government Job: Biggest Recruitment Drive In History Of UP Police, Vacancies For Over 50,000 Constable Posts