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Former bank head returned to face trial

By Zhang Yan | China Daily | Updated: 2018-07-12 07:38

Xu Chaofan, former head of the Kaiping subbranch of Bank of China in Guangdong province, has been returned to China from the United States to face trial on charges of embezzlement and corruption, the Communist Party of China Central Commission for Discipline Inspection said on Wednesday.

It said 2 billion yuan ($300 million) had been recovered.

"The successful repatriation is considered an important achievement in Sino-US anti-corruption law enforcement cooperation," the CCDI said in a statement. "He is the first corrupt fugitive repatriated from abroad since the National Supervisory Commission was set up (in March)."

Former bank head returned to face trial

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