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China Fund News Dawn

The latest notice on financial anti-corruption is here!

On July 15, the official website of the Central Commission for Discipline Inspection and the National Supervisory Commission announced:Member of the Party Committee of Sichuan Branch of Agricultural Development Bank of China and Secretary of the Party Committee of the Business Department He ZeshuHe is suspected of serious violations of discipline and law and is currently undergoing disciplinary review by the Central Commission for Discipline Inspection and the National Supervisory Commission’s Discipline Inspection and Supervision Group of the Agricultural Development Bank of China and supervisory investigation by the Meishan Municipal Supervisory Committee of Sichuan Province.

Public information shows that He Zeshu has worked in the Agricultural Development Bank of China for many years. He has served as the president of the Agricultural Development Bank's Ziyang Branch in Sichuan Province and the director of the Investment Department of the Sichuan Branch.

In April this year, He Zeshu accepted an interview with the media as "Member of the Party Committee of the Sichuan Branch of the Agricultural Development Bank of China and Secretary of the Party Committee of the Business Department" and said that in 2023, the Sichuan Branch Business Department will continue to make efforts in the fields of agricultural production, increasing income and wealth, promote the transformation and quality improvement of rural industries, and support the integrated development of the primary, secondary and tertiary industries.

On April 23, the official website of the Sichuan Regulatory Bureau of the State Financial Supervision and Administration Bureau showed thatHe Zeshu's qualification as General Manager of the Business Department of the Sichuan Branch of the Agricultural Development Bank of China has been approved by the regulatorHe Zeshu should take up the position within 3 months from the date of approval of his qualifications, and the approval date is April 16, 2024.

Recently, the official website of the Central Commission for Discipline Inspection released a report by the CPC Agricultural Development Bank of China Committee on the progress of the rectification of the central inspection "return inspection". The report stated that the Agricultural Development Bank strengthened the coordination mechanism with the resident team, severely punished corruption and other violations of discipline and law with a "zero tolerance" attitude; improved the ability to rectify the work style, discipline and fight corruption, strictly investigated and handled serious violations of discipline and law, and implemented full coverage supervision of provincial branches with "zero" cases.

Since the beginning of this year, many officials of the Agricultural Development Bank of China have been investigated. On April 2, according to the Central Commission for Discipline Inspection and the National Supervisory Commission’s Discipline Inspection and Supervision Group stationed at the Agricultural Development Bank of China and the Shanxi Provincial Commission for Discipline Inspection and Supervision,Lu Chuncai, former first-level director of the Agricultural Development Bank of ChinaSuspected of serious violations of discipline and law, he is subject to disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission's Discipline Inspection and Supervision Group of the Agricultural Development Bank of China and the Shanxi Provincial Supervisory Commission.

On May 16, according to the Central Commission for Discipline Inspection and the National Supervisory Commission’s Discipline Inspection and Supervision Group stationed at the Agricultural Development Bank of China and the Guizhou Provincial Commission for Discipline Inspection and Supervision,Li Guang, former general manager of the third customer department of the Agricultural Development Bank of ChinaSuspected of serious violations of discipline and law, he is subject to disciplinary review by the Central Commission for Discipline Inspection and the National Supervisory Commission's Discipline Inspection and Supervision Group of the Agricultural Development Bank of China and supervisory investigation by the Qiandongnan Prefecture Supervisory Committee of Guizhou Province.

In addition, in January this year, Zhao Fuzhou, deputy director of the Expert Committee of the Agricultural Development Bank of China, was expelled from the party and removed from office. The notice pointed out that Zhao Fuzhou violated state regulations by lending to enterprises and caused particularly serious losses, used his position to seek benefits for others in lending, hiring employees, and contracting engineering projects, and illegally accepted huge amounts of property.

Editor: Captain

Audit: Wooden Fish