China Everbright Groupfinancial corruptionanti-corruption campaignTang Shuangning, former chairman of China Everbright Group, was indicted on charges of embezzlement and bribery, highlighting a broader crackdown on financial crimes among senior officials.
Tang Shuangning, once a key figure in the China Everbright Group and the People's Bank of China, faces embezzlement and bribery charges as part of President Xi Jinping's extensive anti-corruption campaign targeting high-profile officials in the financial sector. Arrested in January, Tang's case underscores the sweeping actions against perceived financial malfeasance within the ranks of Chinese state-owned enterprises and regulatory bodies.