China central bank’s ex-deputy governor found guilty of corruption, ‘trading power for sex’

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President Xi Jinping’s anti-corruption drive has so far netted more than 1.5 million officials. Read more at straitstimes.com.

BEIJING – China said on Friday a former deputy governor of its central bank has been found guilty of corruption, becoming the latest high-ranking official to face punishment in President Xi Jinping’s years-long graft crackdown.

In a statement on Friday, the ruling Communist Party’s internal anti-graft agency said Fan “severely violated professional duties” and was suspected of having taken bribes. His transgressions included attending and participating in banquets, tours and golf “in violation of rules”, visiting private clubs, accepting gifts and money, and “trading power for sex”, according to the statement.

More than 1.5 million officials have fallen into the campaign’s dragnet so far, according to official data.

 

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