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Ex-China Everbright Group chairman expelled from Communist Party

  • After an investigation, 69-year-old Tang Shuangning was kicked out for ‘serious violations of party discipline and law’
  • Graft-busters say he took bribes, brought banned books into the mainland, and ‘failed to prevent and defuse financial risks effectively’

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Tang Shuangning was chairman of state financial conglomerate China Everbright Group for a decade. Photo: Handout
Tang Shuangning, former chairman and party chief of state-owned financial giant China Everbright Group, has been expelled from the ruling Communist Party over “serious violations of party discipline and law”.
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The announcement was made by the Central Commission for Discipline Inspection (CCDI) and the National Supervisory Commission on Saturday – six months after the 69-year-old was taken away for investigation.

According to the statement, Tang – who headed the conglomerate from 2007 until he retired in 2017 – was found to have taken bribes to help others obtain loans and job promotions, and he brought banned books into mainland China.

It also said Tang had “failed to resolutely implement major decisions and plans made by the party, thus weakening the party’s leadership over state enterprises”.

“He also failed to prevent and defuse financial risks effectively,” the statement said, without elaborating.

In addition, Tang was accused of using his position to promote his own calligraphy and artwork.

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