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World News by Wild Rose

#Yi Huiman ร—

Former CSRC chairman Yi Huiman to face trial for taking bribes, abusing power

A former head of Chinaโ€™s equities market regulator will face trial on allegations that he took vast sums in bribes in return for approving company listings and loans, according to the Communist Partyโ€™s top anti-graft watchdog. Yi Huiman, former chairman of the China Securities Regulatory Commission (CSRC), allegedly used โ€œhis position to seek benefits for others in job promotions, listing approvals and obtaining loans, and illegally accepted huge amounts of bribesโ€, the Central Commission for...