China Daily (Hong Kong)

Bank exec expelled from Party, office

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Yang Dongping, the chief risk officer of the Bank of Communicat­ions, was expelled from the Communist Party of China and dismissed from public office for severe disciplina­ry violations. The Central Commission for Discipline Inspection announced on Friday that Yang, who had attempted to resist the probe, had taken advantage of his power and influence to help private businessme­n secure loans in exchange for benefits for himself or his relatives.

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