Caixin OnlineFinance & EconomicsTop Stories Finance ABC Executive Is Target of Three Inquiries
06.04.2012 16:05

ABC Executive Is Target of Three Inquiries

Yang Kun case is linked to Beijing property developer, Dalian Shide Group and sacked PLA general
By staff reporter Wen Xiu

(Beijing) – Yang Kun, a vice president at Agricultural Bank of China, has been detained by the party's disciplinary department for investigation in three separate cases, Caixin learned from multiple sources.

One of the cases involves loan agreements ABC signed with a property developer, whose effective owner, Wang Yaohui, allegedly used bank loans to repay gambling debts worth several billions of yuan.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Fumes and Fantasies

Northwest China factories with wastewater 'evaporation ponds' pledged zero emissions and then failed miserably


Issue 84
December, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Fumes and Fantasies
Northwest China factories with wastewater 'evaporation ponds' pledged zero emissions and then failed miserably
Issue 84
12.01.2014

Subscribe       |       Newsletter        |        FAQ