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Al Jazeera
Al Jazeera
Politics

Ex-boss of China’s state-run bank Everbright arrested on corruption charges

Xi Jinping Corruption China Sun Guofeng
The former boss of Everbright Group is the latest in a long line of high-profile figures within China’s financial sector to be ensnared in President Xi Jinping's anticorruption campaign [File: Philippe Lopez/AFP]

The former head of China’s state-owned banking giant Everbright Group has been arrested for alleged corruption, prosecutors have said.

Tang Shuangning, 69, was arrested on suspicion of taking bribes and embezzlement following the conclusion of an investigation by the anticorruption authority, China’s Supreme People’s Procuratorate said on Monday.

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