• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
The Former Bank of China Tower dominates the city skyline in Hong Kong as a historical landmark. This iconic building once played a significant role in the financial sector under the leadership of its Chairman. However

Former Bank of China Chairman Faces Bribery Charges

10/16/2023
Angola Expands Logistics Capacity

Angola Expands Logistics Capacity

07/17/2026
South Korea Expands Global Trade Partnerships to Strengthen Supply Chain Resilience

South Korea Expands Global Trade Partnerships to Strengthen Supply Chain Resilience

07/17/2026
U.S. Expands E-Commerce Fulfillment Capacity

U.S. Expands E-Commerce Fulfillment Capacity

07/17/2026
Poland Strengthens Pharmaceutical Logistics Network

Poland Strengthens Pharmaceutical Logistics Network

07/17/2026
Mexico Improves Cargo Security Across Logistics Routes

Mexico Improves Cargo Security Across Logistics Routes

07/17/2026
Italy Expands Rail-Based Automotive Logistics

Italy Expands Rail-Based Automotive Logistics

07/17/2026
Europe Advances Electric Cargo Logistics

Europe Advances Electric Cargo Logistics

07/17/2026
Brazil Logistics Expansion Strengthens Supply Networks

Brazil Logistics Expansion Strengthens Supply Networks

07/17/2026
AI-Powered Wearable Robotics Advance Safety and Supply Chain Operations

AI-Powered Wearable Robotics Advance Safety and Supply Chain Operations

07/17/2026
New Zealand-India Trade Pact Strengthens Supply Chain Diversification

New Zealand-India Trade Pact Strengthens Supply Chain Diversification

07/17/2026
South Korea Expands Trade Cooperation Network

South Korea Expands Trade Cooperation Network

07/17/2026
Taiwan Expands U.S. Investment Footprint

Taiwan Expands U.S. Investment Footprint

07/17/2026
supplychainreport
Saturday, July 18, 2026
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Former Bank of China Chairman Faces Bribery Charges

by Richie
10/16/2023
in Anti-Money Laundering (AML), Compliance

YOU MAY ALSO LIKE

Malaysia and Thailand Work Toward Stronger Seafood Supply Chains Through Technical Cooperation

U.S. India Partnership Strengthens Natural Health Supply Chains Through Scientific Collaboration

Liu Liange, the former chairman of the Bank of China, has been arrested on charges of corruption, according to Chinese state media. Liu, who served as the head of the state-owned bank from 2019 to March 2023, is facing allegations of bribery and providing illegal loans. The Supreme People’s Procuratorate has taken him into custody, and his case is currently undergoing review and prosecution.

Approximately a week prior to his arrest, Liu was expelled from the Chinese Communist Party following an investigation by China’s anticorruption watchdog, the Central Commission for Discipline Inspection. The commission’s investigation highlighted several violations by Liu, including the illegal issuance of loans, smuggling banned publications into the country, and leveraging his influential position to receive bribes and other benefits.

Liu’s career in China’s financial sector has been significant, with prior senior roles in the central bank and the Export-Import Bank of China. His arrest is part of President Xi Jinping’s extensive campaign against corruption, initiated in 2012. This campaign has targeted various high-profile figures in the financial sector, including state-owned banks.

Wang Bin, former chairman of China Life Insurance, received a life sentence for accepting bribes totaling 325 million yuan ($44.6 million). While the anticorruption drive has led to several high-profile convictions, there are criticisms suggesting that these charges might be used strategically to eliminate political opposition within the party.

Your go-to for supply chain report news updates: The Supply Chain Report. For international trade tools, see ADAMftd.com.

#LiuLiangeArrest #BankOfChina #CorruptionCharges #ChineseStateMedia #AnticorruptionCampaign #XiJinping #CentralCommissionForDisciplineInspection #BriberyCharges #IllegalLoans #ChinaLifeInsurance #PoliticalOpposition #FinancialSectorScandal #ChinaPolitics #FinancialCorruption #Smuggling #StateOwnedBanks #ChinaLifeInsuranceScandal #CorruptionInChina

ShareTweet

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.