Caixin
Oct 12, 2018 04:31 AM
POLITICS & LAW

Retired CDB Chief Implicated in Alleged Corruption

China Development Bank is the largest creditor of debt-ridden CEFC China. Photo: VGC
China Development Bank is the largest creditor of debt-ridden CEFC China. Photo: VGC

* Hu helped CEFC China units to gain a stake in Bank of Hainan and a $4.8 billion credit line from CDB, CCTV reported.

* CDB is the biggest creditor of embattled CEFC China.

The graft trial of former Gansu party boss Wang Sanyun brought to light allegations of a corrupt network linking Wang with a disgraced energy tycoon and a recently retired policy bank chief.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.