China Social Security Fund Vice Chairman Under Graft Probe
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China’s top anti-graft agency is investigating Wang Wenling, a vice chairman of the National Council for Social Security Fund (NCSSF), for suspected corruption.
The probe into the 59-year-old comes amid scrutiny of senior officials overseeing the country’s vast state financial assets.
Wang has spent more than two decades at the NCSSF, overseeing its securities investments since becoming vice chairman in 2015.
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- China’s top anti-graft agency probes Wang Wenling, 59, NCSSF vice chairman, for suspected corruption.
- Wang oversaw NCSSF securities investments since 2015; fund manages over 3 trillion yuan ($437B) for social security.
- Investigation announced Tuesday amid scrutiny of officials handling state financial assets.
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