Bank of China Executive Probed Over $6.8 Billion Bad Loan Scandal
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Ye Xinjie
An executive at Bank of China Ltd. (BOC) is under investigation, adding to the fallout from an anti-graft probe into 46 billion yuan ($6.8 billion) in bad loans linked to a Hong Kong property tycoon, Caixin has learned.
Ye Xinjie, a vice president of BOC’s Ningbo branch, is suspected of corruption, according to a Friday statement from China’s top anti-graft watchdog.
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