PBoC welcomes anti-corruption probe into deputy governor

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China’s top anti-corruption watchdog said on November 5 that it is investigating Fan Yifei, one of six deputy governors of the People’s Bank of China, over “suspected serious violations of discipline and law”.

The central bank removed Fan from the list of the PBoC’s top executives on its website and released a statement welcoming the investigation. Fan has served as deputy governor at the central bank since 2015.

The Central Commission for Discipline Inspection announced Fan’s investigation in

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