China’s former market regulator chief to stand trial for graft
Yi Huiman is accused of abusing his positions in securities regulation and banking to accept large bribes, secure benefits for others and unlawfully obtain property.
Former China Securities Regulatory Commission head Yi Huiman will face corruption trial, state media report. The Supreme People's Procuratorate concluded an investigation into Yi, currently in custody, after allegations of accepting large bribes, providing benefits to others, and unlawfully receiving property. Yi chaired the commission from 2019 to 2024, a tenure marked by market challenges and economic slowdown.
His vice-chairman, Yao Gang, previously received an 18-year prison sentence for insider dealing and corruption in 2018. The ongoing anti-corruption campaign targets officials at all levels, including top military figures.
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- China’s former market regulator head to be tried for graft hongkongfp.com
- China’s former market regulator chief to stand trial for graft freemalaysiatoday.com
