Hu Huaibang, the former boss of China Development Bank, is facing prosecution on corruption charges. Photo: Weibo Hu Huaibang, the former boss of China Development Bank, is facing prosecution on corruption charges. Photo: Weibo
Hu Huaibang, the former boss of China Development Bank, is facing prosecution on corruption charges. Photo: Weibo

Former head of China Development Bank expelled from Communist Party, facing prosecution

  • Hu Huaibang accused of exploiting his position for financial gain and taking bribes directly or through his relatives, anti-corruption watchdog says
  • Official also lived a decadent lifestyle and refused to cooperate during his investigation

Topic |   Corruption in China
Hu Huaibang, the former boss of China Development Bank, is facing prosecution on corruption charges. Photo: Weibo Hu Huaibang, the former boss of China Development Bank, is facing prosecution on corruption charges. Photo: Weibo
Hu Huaibang, the former boss of China Development Bank, is facing prosecution on corruption charges. Photo: Weibo
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