news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

on august 29, a reporter from justice.com learned from the supreme people's procuratorate that the case of zhang hongli, former member of the party committee and vice president of industrial and commercial bank of china limited, suspected of taking bribes, was concluded by the national supervisory commission and designated by the supreme people's procuratorate to be examined and prosecuted by the people's procuratorate of hangzhou city, zhejiang province. recently, the people's procuratorate of hangzhou city has filed a public prosecution with the hangzhou intermediate people's court.

during the prosecution review stage, the procuratorate informed the defendant zhang hongli of his litigation rights, interrogated the defendant, and listened to the opinions of the defense lawyer. the procuratorate charged that the defendant zhang hongli used his position as a member of the party committee and vice president of industrial and commercial bank of china limited to seek benefits for relevant units and individuals, and illegally accepted property from others in extremely large amounts, and he should be held criminally responsible for the crime of accepting bribes in accordance with the law.

zhang hongli profile picture

senior executives of state-owned banks “poached” from foreign banks

according to his public resume, zhang hongli was born in harbin, heilongjiang province in january 1965. he has worked in foreign companies and foreign banks for many years. he has served as financial manager at the headquarters of hewlett-packard in the united states, director and head of china business at schroders international merchant bank in the united kingdom, executive director of asia for goldman sachs and chief representative of the beijing representative office, and chairman of deutsche bank (china) co., ltd.

in 2010, zhang hongli served as vice president of industrial and commercial bank of china limited.

according to media reports, zhang hongli is the first foreign bank executive to be directly recruited to serve as vice president of the four major state-owned commercial banks.

in july 2018, after the expiration of his eight-year contract, zhang hongli resigned. icbc issued a statement at the time saying that zhang hongli submitted his resignation due to family reasons.

according to the website of the central commission for discipline inspection and the national supervisory commission on november 4, 2023, zhang hongli, former member of the party committee and deputy president of the industrial and commercial bank of china, is suspected of serious violations of discipline and laws and is subject to disciplinary review and supervision investigation by the central commission for discipline inspection and the national supervisory commission.

making friends with power brokers

fraudulent phd

according to the website of the central commission for discipline inspection and the national supervisory commission on may 9, 2024, zhang hongli, former member of the party committee and deputy president of the industrial and commercial bank of china, was expelled from the party for serious violations of discipline and laws.

the notice stated that zhang hongli had lost his ideals and beliefs, deviated from his original aspiration and mission, became obsessed with power, made friends with political brokers, exchanged interests, gained political capital, engaged in superstitious activities, read books with serious political problems, and resisted organizational review; he ignored the spirit of the central committee's eight regulations, used the private aircraft of the objects of his management and service free of charge, accepted travel arrangements that may affect the impartial performance of his official duties, and organized banquets and travel with public funds in violation of regulations; he violated organizational principles, hired and adjusted cadres for personal gain, obtained a doctoral degree by fraud, did not report personal matters truthfully, and did not explain the problems truthfully when the organization inquired; he accepted gifts in violation of regulations, borrowed housing from the objects of his management and service, used public vehicles and reimbursed personal expenses in violation of regulations, and took office in violation of regulations after leaving his job; he had no bottom line in terms of discipline and law, used public power to set up rents and seek rents, engaged in power-for-money transactions, used his position to make profits for others in loan financing, job arrangements, etc., and illegally accepted huge amounts of property.

zhang hongli seriously violated the party's political discipline, organizational discipline, discipline on integrity and discipline in life, constituted a serious duty violation and was suspected of bribery, and did not stop after the 18th cpc national congress. the nature of his behavior is serious and the impact is bad, and he should be dealt with seriously. in accordance with the relevant provisions of the "regulations on disciplinary actions of the communist party of china", "supervision law of the people's republic of china", "administrative punishment law of the people's republic of china for public officials", etc., after the central commission for discipline inspection standing committee meeting studied and reported to the central committee of the communist party of china for approval, it was decided to expel zhang hongli from the party; confiscate his illegal gains; and transfer his suspected criminal issues to the procuratorate for examination and prosecution in accordance with the law, and transfer the relevant property together.

on may 16, 2024, with the jurisdiction designated by the supreme people's procuratorate, the people's procuratorate of zhejiang province made an arrest decision on zhang hongli on suspicion of bribery in accordance with the law.