China expels former ICBC Shanghai head from Party, public office over bribery allegations

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BEIJING (REUTERS) - The former head of Industrial and Commercial Bank's (ICBC) Shanghai branch, Gu Guoming, has been dismissed from public office and expelled from the Communist Party over bribery allegations, China's top anti-graft body said on Wednesday (Nov 20).. Read more at straitstimes.com.

BEIJING - The former head of Industrial and Commercial Bank's Shanghai branch, Gu Guoming, has been dismissed from public office and expelled from the Communist Party over bribery allegations, China's top anti-graft body said on Wednesday .

The CCDI has been taking a harsh stance against high-profile financial officials in recent years, with a focus on the banking sector this year, in a bid to halt corruption linked to high-risk loans and official appointments.

 

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