Bank of China's Ex-CEO Arrested for Bribery
Liu Liange, the former chairman of the Bank of China, has been arrested on charges of bribery and giving illegal loans. This arrest is part of President Xi Jinping's ongoing anti-corruption probe into China's financial sector. Several high-profile financial executives have already faced fines, jail time, or investigations as part of this crackdown. Liu's arrest comes after he was expelled from the Communist Party and accused of a range of illicit activities, including illegally granting loans and accepting bribes.