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Former president of China Development Bank under probe

Xinhua
| July 20, 2026
2026-07-20

Ouyang Weimin, former president of the China Development Bank and deputy secretary of its Party committee, is under investigation for suspected severe violations of Party discipline and the law, an official statement said Sunday.

The case is being investigated by the Communist Party of China Central Commission for Discipline Inspection and the National Commission of Supervision, according to the statement.

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