Liu Yanzhong was "double opened"
According to the disciplinary inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at Agricultural Bank of China and the Liaoning Provincial Commission for Discipline Inspection and Supervision, with the approval of the Central Commission for Discipline Inspection and the National Supervisory Commission, the disciplinary inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at Agricultural Bank of China and the Benxi City Supervisory Commission in Liaoning Province have recently conducted a disciplinary review and supervision investigation into the serious violations of discipline and law by Liu Yanzhong, former inspector of the International Finance Department of Agricultural Bank of China.
After investigation, Liu Yanzhong ignored the spirit of the central eight point regulations and accepted gifts that may affect the fair execution of official duties; Violating organizational discipline and failing to report personal matters in accordance with regulations; Violation of integrity discipline, reimbursement of personal expenses with public funds, acceptance of consumption cards that may affect fair performance of official duties, acceptance of banquets that may affect fair performance of official duties, illegal profit-making activities, ownership of shares in non listed companies, infringement of national and collective interests in the distribution and purchase of housing; Taking advantage of one's position to provide assistance to others in the issuance and distribution of short-term financing bonds, illegally accepting huge amounts of property, suspected of bribery.
Liu Yanzhong seriously violated the spirit of the Central Eight point Regulations, organizational discipline, and integrity discipline, constituting a violation of his duties and suspected of accepting bribes, with a serious nature and negative impact, and should be dealt with seriously. In accordance with the Regulations of the CPC on Disciplinary Punishment, the Supervision Law of the People's Republic of China, the Law of the People's Republic of China on Administrative Punishments of Public Officials, and the Several Provisions on the Incorruptible Employment of Leaders of State owned Enterprises, the Party Committee of the Agricultural Bank of China has studied and decided to expel Liu Yanzhong from the Party membership; After research by the disciplinary inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at the Agricultural Bank of China, it has been decided to expel Liu Yanzhong from public office; Confiscate their disciplinary and illegal gains. After research by the Benxi Municipal Supervision Commission in Liaoning Province, it has been decided to transfer Liu Yanzhong's suspected criminal issues to the procuratorial organs for legal review and prosecution, and the involved property will be transferred along with the case.