Core Viewpoint - The article highlights the expulsion of Xu Jie, the former Party Secretary and President of the Henan Branch of the Industrial and Commercial Bank of China, due to serious violations of party discipline and laws, amid ongoing anti-corruption efforts in the financial sector [2][4]. Summary by Sections Investigation and Violations - Xu Jie was subjected to an investigation by the Central Commission for Discipline Inspection and the Tianjin Municipal Supervisory Commission for severe violations of discipline and law [4]. - The investigation revealed that Xu Jie disregarded the principles of the party, resisted organizational scrutiny, and violated the central eight regulations by accepting gifts and entertainment that could influence his official duties [4][5]. - He misused public funds for personal entertainment, engaged in private club activities, and allowed others to pay for expenses that should have been his responsibility [4][5]. Misconduct and Corruption - Xu Jie failed to report personal matters truthfully and sought benefits for others in personnel decisions, demonstrating a lack of integrity and a pursuit of personal gain through his position [5]. - He was involved in loan approvals and employee recruitment, providing assistance to related enterprises and individuals while accepting substantial bribes [5]. - The report emphasized that Xu Jie severely violated multiple disciplines, including political, organizational, and work discipline, and was suspected of bribery, with his actions having a significant negative impact [5]. Disciplinary Actions - Following the investigation, the Industrial and Commercial Bank of China decided to expel Xu Jie from the party, revoke his benefits, and confiscate his illegal gains [5]. - His case has been forwarded to the prosecutorial authorities for legal proceedings, along with the related assets [5]. Background Information - Xu Jie held a master's degree and had a career in various positions within the People's Bank of China and the Industrial and Commercial Bank of China, including leadership roles in the Hebei and Henan branches [6]. - Notably, in February 2018, the Henan Banking Regulatory Bureau publicly disclosed administrative penalties against the Henan branch for violations in wealth management, amounting to 6.4 million yuan, with Xu Jie as the main responsible person [6].
金融圈突发!许杰,被开除党籍