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ICBC officials censured by anti-graft agency

The Central Commission for Discipline Inspection (CCDI), China’s anti-graft watchdog said it censured 137 officials of the Industrial and Commercial Bank of China (ICBC), in a campaign against corruption in the financial sector. CCDI said in a statement on its official website that an investigation uncovered 25 instances of violations of Chinese Communist Party discipline at ICBC involving 47 people. It said the offences included organizing prohibited internal banquets and accepting holidays from clients, and that it gave offenders warnings with different degrees of severity. The watchdog said there were 18 other types of disciplinary cases involving 90 employees, some of whom received warnings while others were fired. It did not elaborate on the offences.

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