SHANGHAI (Reuters) - The former head of a local lender in China's northern region of Inner Mongolia will be prosecuted for suspected corruption, bribery and embezzlement, the state prosecutor said on Wednesday, the latest in a series of bankers to be targeted for graft.
Yang Chenglin, former board chairman of the Bank of Inner Mongolia, defrauded the bank and sought personal profits by embezzling large sums of money from the bank, the prosecutor said.
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