Authorities detail 3 officials' misdeeds
Yao Gang, vice-chairman of the China Securities Regulatory Commission, has been expelled from the Communist Party of China and dismissed from public office for various wrongdoings including graft, the country's top anti-graft watchdog announced on Thursday.
Yao, 55, a native of Wenshui, Shanxi province, abused his power to seek benefits for others and accepted "a huge amount" of bribes, according to a statement from the Central Commission for Discipline Inspection.
Investigators found that Yao took advantage of his post to help individuals or companies in order to raise his standing in the eyes of influential political figures, and he obstructed investigations and failed to report personal information in accordance with rules, according to the CCDI.