Gu Guoming. Photo: VCG
The head of the Shanghai branch of the Industrial and Commercial Bank of China Ltd. (ICBC), the country’s largest state-owned bank, is under investigation by the Communist Party’s anti-graft watchdog.
Gu Guoming, party chief and president of ICBC Shanghai, has been placed under investigation for "suspected serious disciplinary violations," China's Central Commission for Discipline Inspection (CCDI) said in a statement Thursday.
The graft buster didn’t provide any detail about the investigation, but the phrase often refers to corruption.
Gu last appeared in a media report May 27 when he attended a ceremony at the Shanghai Futures Exchange.
Contact reporter Han Wei (firstname.lastname@example.org)