Former ICBC Shenzhen deputy chief Yao Yuping expelled from Communist Party

Chinese disciplinary authorities announced that Yao Yuping (姚玉平), a former Party committee member and deputy head of the Shenzhen branch of Industrial and Commercial Bank of China, had been expelled from the Communist Party. Reports published on October 15 said the bank's disciplinary inspection team and the supervisory commission in Jiangmen, Guangdong, investigated suspected serious disciplinary and legal violations. The bank's Party committee decided on his expulsion, according to the announcement. [ 1 , 2 , 3 , 4 ]

The authorities accused Yao of using his position to assist companies and individuals with loan eligibility and faster loan processing, receiving substantial money and property in return. They also alleged that he interfered improperly in centralized procurement at the branch and helped others with hiring and job transfers. The notice said he failed to report personal matters truthfully and resisted the organizational investigation. Those were findings and allegations presented by the disciplinary authorities in the statement reproduced by the outlets. [ 1 , 2 , 3 , 4 ]

The notice further cited improper receipt of gifts, acceptance of meals and golf arrangements that could affect impartial performance of duties, unauthorized golf-club membership and irregular handling of wedding celebrations. It said the conduct constituted serious duty-related violations and suspected bribery. In addition to expulsion, the authorities announced cancellation of benefits in accordance with rules and recovery of proceeds from disciplinary and legal violations. Jiangmen's supervisory commission transferred the suspected criminal conduct to prosecutors for review and possible prosecution, together with the related assets. The supplied announcement did not give the amount allegedly received or report a judicial verdict. [ 1 , 2 , 3 , 4 ]