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Ex-securities official indicted; 2 others also charged

China Daily | Updated: 2018-07-06 09:15

In separate cases, Chinese prosecutors have filed indictments against Yao Gang, former vice-chairman of the China Securities Regulatory Commission, and two other former officials. A fourth former official pleaded guilty to graft charges on Thursday.

Yao was accused of insider trading and taking bribes, the Supreme People's Procuratorate said on Thursday.

The indictment said he had taken advantage of his posts at the commission to seek benefits for others and that he had accepted large amounts of money and gifts in return.

Ex-securities official indicted; 2 others also charged

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