Topic - Industrial And Commercial Bank Of China

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FILE - Tang Shuangning, then chairman of China Everbright Group and Everbright Securities Co., talks to the press after the IPO for Everbright Securities at Shanghai Stock Exchange in Shanghai, China on Aug. 18, 2009. (Chinatopix via AP, File)

Former chairman of state-owned bank China Everbright Group jailed for 12 years for corruption

Associated Press

Tang Shuangning, then-chairman of China Everbright Group and Everbright Securities Co., talks to the press after the IPO for Everbright Securities at Shanghai Stock Exchange in Shanghai, China on Aug. 18, 2009. The former chairman of state-owned Chinese bank China Everbright Group has been arrested on suspicion of embezzlement and bribery, prosecutors said in a statement Monday, Jan. 15, 2024, amid an intensified campaign against corruption. (Chinatopix via AP)

Former chairman of state-owned bank China Everbright Group arrested over suspected corruption

By Zen Soo - Associated Press