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Former China Development Bank president put under anti-graft investigation

July 18, 2026 11:15 PM EDT

BEIJING, ‌July 19 (Reuters) - ​The ​former president ‌of the China Development ⁠Bank, Ouyang ‌Weimin, has been ‌put under investigation on suspicion ​of serious disciplinary and ⁠legal violations, China's anti-graft ​watchdog, the Central Commission for ​Discipline Inspection, ‌said on Sunday.

In 2024, ⁠a former vice president ⁠of the bank was ​sentenced to 12 years jail and ‌fined for accepting bribes.

(Reporting by ‌Liz ⁠Lee ‌and Shi ​Bu; Editing by Christian ‌Schmollinger)



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