Sep 15, 2023 05:42 AM

FINANCE

Graft Busters Expand Corruption Probes of BoComm in Liaoning

By Wu Xiaomeng and Han Wei

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Since the beginning of this year, several senior executives at BoComm have become targets of investigation

Since the beginning of this year, several senior executives at BoComm have become targets of investigation

Bank of Communications Co. Ltd., one of China’s biggest state-owned lenders, was rattled by more graft investigations as an anti-corruption storm sweeps the country’s financial sector.

Investigators have targeted two former chiefs of the bank’s operations in the northeastern province of Liaoning since last month, expanding a crackdown that has already brought down at least four senior executives of the bank.

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