Caixin
Feb 07, 2023 08:12 PM
FINANCE

Another Ex-Financial Regulator Expelled From Communist Party Over Graft Allegations

What’s new: Qin Huizhong, formerly a senior inspector at the Hainan office of the China Banking and Insurance Regulatory Commission (CBIRC), has been expelled from the Communist Party and removed from public office for alleged legal and party disciplinary violations.

Qin’s alleged wrongdoings included taking bribes, maintaining “improper sexual relationships,” and playing golf during work hours with people the financial watchdog regulated, the country’s top anti-graft agency said on Monday.

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