Ex-China securities regulator vice-chairman to be prosecuted - graft watchdog


  • World
  • Thursday, 20 Jul 2017

FILE PHOTO: Yao Gang takes part in the Asian Financial Forum in Hong Kong January 16, 2012. REUTERS/Bobby Yip

BEIJING (Reuters) - The former vice chairman of China's securities regulator, Yao Gang, will be prosecuted for serious violations of discipline, the country's graft watchdog said on Thursday.

Yao, who was put under investigation in 2015, will be prosecuted for offences including taking bribes and "destroying the order of capital markets", the Central Commission for Discipline Inspection (CCDI) said in a statement on its website.

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