Oct 09, 2023 08:15 PM

FINANCE

Disgraced Ex-Bank of China Chairman Expelled From Party

By Liu Ran and Zhang Yukun

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Photo: VCG

Photo: VCG

Liu Liange, the disgraced former chairman of state-owned Bank of China Ltd. (BOC), has been expelled from the Communist Party after being charged with using his position for a range of private perks, an official announcement shows.

Liu’s ill-gotten gains will be clawed back, China’s top anti-graft watchdog announced on Saturday, some six months after announcing the investigation into his activities.

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