China charges former regulator for taking bribes and insider trading

  • Jul 12, 2018

Former CSRC vice-chairman Yao Gang is the most senior official investigated after the 2015 stock turmoil that wiped off USD5t in market value

China has put Yao Gang, former vice-chairman of the China Securities Regulatory Commission (CSRC) on trial in a local court on Wednesday for taking 69.6 million yuan (USD10.5 million) in bribes and illegally making 2.1 million yuan of gains from insider trading, the Central China Television reported.

READ the article by scmp

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