Core Points - The former Party Secretary and President of the Henan Branch of the Industrial and Commercial Bank of China, Xu Jie, has been expelled from the Party due to serious violations of discipline and law [2][3] - The ongoing anti-corruption campaign in the financial sector continues to reveal misconduct among high-ranking officials [1] Summary by Sections Disciplinary Actions - Xu Jie was found to have violated multiple disciplines including political, organizational, integrity, work, and life disciplines, as well as national laws, constituting serious job-related violations and suspected bribery [3] - The decision to expel Xu Jie from the Party was made by the Party committee of the Industrial and Commercial Bank of China, which also included the cancellation of his benefits and the confiscation of his illegal gains [3] Investigation Findings - The investigation revealed that Xu Jie disregarded the central eight regulations, accepted gifts and entertainment that could influence his official duties, and misused public funds for personal benefits [2] - He was also found to have engaged in corrupt practices such as providing assistance in loan approvals and employee recruitment in exchange for substantial financial gains [2][3] Background Information - Xu Jie held a master's degree and was a senior economist, having served in various positions within the People's Bank of China and the Industrial and Commercial Bank of China, including as the President of the Henan Branch [3] - After leaving the Henan Branch in 2018, he was appointed as the Chairman of ICBC Financial Asset Investment Co., Ltd., a position he held until 2020 [4] - The Henan Branch had previously faced administrative penalties totaling 6.4 million yuan for violations in wealth management, with Xu Jie as the main responsible person at that time [4]
金融圈突发!许杰,被开除党籍