Caixin
May 18, 2022 08:18 PM
FINANCE

Exclusive: China’s Corruption Cops Launch Probe Into Former Central Bank Official and His Wife

Sun Guofeng
Sun Guofeng

What’s new: The wife of Sun Guofeng, a former head of the monetary policy department at the People’s Bank of China (PBOC), was detained by graft busters on Wednesday, several sources with knowledge of the matter told Caixin.

Sun is being investigated on suspicion of serious violation of law and Communist Party discipline, the Central Commission for Discipline Inspection (CCDI), the country’s top anti-graft agency, said in a statement on its website on the same day, without offering details. Announcements of such nature typically allude to graft.

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