Ex-Chinese Development Bank President Under Investigation
Today’s investigation was conducted with Ouyang Weimin, former president of China Development Bank, who faces serious disciplinary and legal violations as part of China's anti-corruption campaign. China Development Bank is one of the largest government financial institutions globally, financing infrastructure, energy, and economic development projects, in addition to supporting the Belt and Road Initiative. These developments come amidst China's efforts to combat corruption and promote transparency within financial institutions.
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