May 08, 2015 02:35 PM

Former Banker Said to Be Detained amid Corruption Inquiry

Qiao Rui
Qiao Rui

(Beijing) – A former executive at Beijing Rural Commercial Bank (BRCB) and Huaxia Bank has been detained by Communist Party graft fighters, people with knowledge of the situation say.

Qiao Rui, 60, currently serves as a deputy director of the Financial and Economic Office under the Standing Committee of the Beijing Municipal People's Congress.

"Qiao is one of those bold and forthright financial executives," a source close to him said.

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