By Riyaz ul Khaliq
ISTANBUL (AA) – China on Wednesday framed bribery charges against a former deputy governor of the country’s central bank, local media reported.
The case was filed against Fan Yifei, 59, who served as the vice governor of the People's Bank of China until 2022. He was arrested in June.
“A public prosecution has been initiated against Fan Yifei … on suspicion of bribery in accordance with the law,” Beijing-based daily Global Times reported.
Fan was expelled from the Communist Party of China over “power-for-money deals” in June.
His expulsion and subsequent arrest came after the Central Commission for Discipline Inspection, China's top anti-graft body, claimed that Fan was involved in a series of corrupt activities, utilizing his public office for personal financial gains through unofficial investment schemes.
The assets involved were transferred to the procuratorial authorities for examination and prosecution.
China's anti-corruption measures in the first quarter of the current year led to 138,000 cases and the punishment of 111,000 individuals, including high-ranking officials.