Henan Rural Banking Scandal Claims Another Senior Official

What’s new: Another senior official who once oversaw the rural credit system in central China’s Henan province turned himself in to authorities investigating a multibillion-dollar banking scam, the province’s anti-graft watchdog said.

Wu Jinpeng, 49, former deputy head of the Henan Rural Credit Union, is under investigation on suspicion of serious violation of law and discipline, the Henan office of the Central Commission for Discipline Inspection said.