Former regulatory vice-chairman probed
By China Daily | China Daily | Updated: 2017-09-01 08:44
The former vice-chairman of the China Securities Regulatory Commission, Yao Gang, is under investigation for taking bribes, the Supreme People's Procuratorate announced on Thursday.
Yao is subject to "coercive measures" - a range of involuntary measures that may include summons, surveillance, detention, arrest or other measures. The top procuratorate did not specify which ones had been taken.
Yao was expelled from the Communist Party of China and dismissed from public office for multiple offenses, including abuse of power in seeking benefits for others and accepting "a huge amount" of bribes, the Central Commission for Discipline Inspection, the nation's graft watchdog, said in a statement on July 20.
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