Former Bank of China Chairman Expelled from Party: Serious Violation of Discipline and Law

2023-10-07 07:49:57

Liu Liange, former Party Secretary and Chairman of Bank of China, was expelled from the Party for serious violations of discipline and law – Xinhuanet

Xinhua News Agency, Beijing, October 7 (Xinhua) With the approval of the Central Committee of the Communist Party of China, the Central Commission for Discipline Inspection and the National Supervisory Commission launched a case review and investigation into Liu Liange, former Party Secretary and Chairman of Bank of China Co., Ltd., for serious violations of discipline and law.

After investigation, Liu Liange lost his ideals and convictions, abandoned his original mission, was unwilling to implement the Party Central Committee’s decisions and arrangements, and abandoned his financial risk prevention and control responsibilities. He interfered in credit projects in violation of regulations, issued loans illegally, caused major financial risks, and implemented comprehensive and strict governance. The party main body failed to take responsibility, seriously damaged the political ecology of the unit, brought prohibited books and periodicals into the country without permission, and deliberately tried to resist organizational censorship; ignored the spirit of the eight central regulations, illegally accepted gifts and money, entered and exit private clubs, accepted skiing and travel arrangements, and borrowed vehicles subject to management for a long time ; Failure to report personal matters in accordance with regulations, failure to explain problems truthfully when organizing inquiries, hiring, adjusting and promoting cadres for personal gain; conducting business and running enterprises in violation of regulations; intervening in fund lending in violation of regulations, privately retaining confidential information; moral corruption, family tradition, and treating relatives There is a lack of discipline and discipline; there is no bottom line in discipline and law, and he abuses power, “depends on finance to eat finance”, uses his position to benefit others in terms of loan financing, project cooperation, etc., and illegally accepts huge amounts of property.

Liu Liange seriously violated the Party’s political discipline, organizational discipline, integrity discipline, work discipline and life discipline, constituting a serious job violation and was suspected of accepting bribes and illegally granting loans. He also refused to restrain or stop following the 18th National Congress of the Party, which was of a serious nature. , the impact is bad and should be dealt with seriously. In accordance with the “Disciplinary Punishment Regulations of the Communist Party of China”, the Supervision Law of the People’s Republic of China, the Law of the People’s Republic of China on Administrative Punishments for Public Servants, and other relevant provisions, following study by the Standing Committee of the Central Commission for Discipline Inspection at a meeting and submitted to the Central Committee of the Communist Party of China for approval, it was decided to expel Liu Liange from the party; according to It stipulates that the benefits he enjoys will be cancelled; his qualifications as a representative of the 20th National Congress of the Communist Party of China will be terminated; his illegal gains that violate disciplines and laws will be confiscated; his suspected criminal issues will be transferred to the procuratorate for review and prosecution in accordance with the law, and the property involved will be transferred together.

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[Editor in charge: Gu Yue]

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