He Xingxiang, a former vice president of China Development Bank, was arrested

2022-05-19 0 By

He Xingxiang, a former member of the Communist Party committee and vice president of China Development Bank (CDB), has been investigated by the National Supervisory Commission for allegedly taking bribes, illegally issuing financial notes, illegally issuing loans and concealing overseas deposits, according to the Gaocain.cn website on February 13.He xingxiang was arrested by the Beijing Municipal People’s Procuratorate on charges of taking bribes, illegally issuing financial certificates, illegally issuing loans and concealing overseas deposits.The case is being further handled.Public information shows that He Xingxiang was born in 1963, a member of the Communist Party of China, master’s degree.He was a member of the Party Committee and vice President of China Development Bank.Secretary of Party Group & President of Shangyu Sub-Branch, Bank of China; Secretary of Party Committee & President of Jiaxing Branch; Member of Party Committee & Vice President of Jilin Branch; Secretary of Party Committee & President of Hainan Branch; Secretary of Party Committee & President of Shandong Branch; Member of Party Committee & Vice President of Agricultural Development Bank of China.On September 9, 2021, the official website of the CENTRAL Commission for Discipline Inspection and the State Commission for Supervision announced that He Xingxiang is suspected of serious violations of discipline and law, and is currently under disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the State Commission for Discipline Inspection.It is the second head office leader of CDB to be investigated following the downfall of former chairman Hu Huaibang.On January 26, the central commission for discipline inspection by state prison official website message, said after the check, he xx lose the ideal faith, from beginner’s mind mission, loyalty to the party not dishonest, concept of distortion, the implementation of the against and dissolving financial risk decision of the CPC Central Committee on deployment does not reach the designated position, make flexible, even coming into its own, the abuse of financial rights, cause significant financial risks especially huge loss to the country,Do not report personal important matters and resist organizational review;In violation of the spirit of the Eight-point regulations of the CPC Central Committee, accepting gifts and cash in violation of regulations;To obtain large returns by lending money to the management and service objects;Family pedigree is not correct, or he or she loses control and education of his or her spouse or children;He alienated his power into a tool for personal gain, engaged in power and money transactions, used his position to profit for others in loan financing, enterprise operation, employment and other aspects, and illegally accepted a huge amount of property.He xx seriously violated the party’s political discipline, discipline, honesty and discipline and discipline of life, a serious position was illegal and financial certificates issued by suspected of bribery, illegal, illegal loans, hiding outside the deposit crime, and after the party’s eighteen big not convergence, serious nature, the bad influence, should be dealt with harshly.In accordance with the Regulations of the COMMUNIST Party of China on Disciplinary Action, The Supervision Law of the People’s Republic of China, and the Law of the People’s Republic of China on Disciplinary Action against Public Officials, the CPC Central Committee decided to expel He Xingxiang from the CPC after a meeting of the Standing Committee of the CPC Central Commission for Discipline Inspection studied and reported to the CPC Central Committee for approval.To be dismissed from public office by the State Supervisory Commission;Confiscate their illegal gains;Transfer the suspected crimes to the procuratorial organs for examination and prosecution in accordance with the law, and transfer the property involved together.Daily Business News