People's Bank of China controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
2024
Former central bank deputy governor Fan Yifei given death sentence with reprieve, life imprisonment in first-instance bribery case
On October 10, 2024, the Huanggang Intermediate People's Court at first instance found that Fan Yifei, former deputy governor of the central bank, accepted more than 386 million yuan in bribes, and sentenced him to death with a two-year reprieve, to be commuted to life imprisonment and then held in prison for life. The conduct spanned his tenures at institutions including China Construction Bank, China Investment Corporation, and the central bank.