China anti-graft agency says Bank of Jilin's ex-chief under probe

BEIJING (Reuters) – China’s anti-graft watchdog said on Monday the former chairman of Bank of Jilin is being investigated, according to a statement on the website of the Central Commission for Discipline Inspection (CCDI).

Zhang Baoxiang, the bank’s ex-chairman and ex-party chief, is suspected of serious violation of laws and regulations, CCDI said, without elaborating.

Zhang stepped down from his roles in the bank in November, according to the statement.

Bank of Jilin was not immediately contactable for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.