After six months in office, Wang Wenling, the Deputy Director of the All-China Social Security Fund Foundation under the Chinese Communist Party (CCP), was expelled from the party and dismissed from his position, and has been referred to judicial authorities.
On October 19th, the Central Commission for Discipline Inspection and the National Supervision Commission of the CCP reported that Wang Wenling had privately brought and read books with serious political issues, resisted organizational review, engaged in superstitious activities; accepted gifts, cash gifts, consumption cards, entertained and arranged travels that could affect the fair execution of official duties, entered private clubs in violation of regulations; sought benefits for others in employee recruitment and job promotion; engaged in business activities and set up enterprises in violation of regulations, with others paying expenses that should have been borne by him; interfered and intervened in market economic activities in violation of regulations; lived extravagantly, indulged in pleasures, was corrupt and decadent, pursuing low-level tastes; politicized public power as a tool to pursue personal interests, engaging in power-money transactions, exploiting his position to profit others in company restructuring, financing for listing, and entry into financial institutions, as well as illegally accepting huge amounts of money.
According to the report, Wang Wenling has been expelled from the party, removed from public office, and referred to judicial authorities.
In April this year, Wang Wenling was investigated while in office. He had been serving as Vice Chairman of the National Social Security Fund Council since August 2015, a position he held for over 10 years.
Public records show that Wang Wenling, 60, is from Shanggao, Jiangxi. Since the 1990s, he has held various positions, including Deputy General Manager of Financial Development Department of China Everbright International Trust and Investment Company, Director of the Chongqing Municipal Committee Research Office, Deputy Director of the Chongqing Municipal Committee Research Office, Vice Chairman and General Manager of Chongqing International Trust and Investment Company, and Director of Regulations and Supervision Department of the National Social Security Fund Council from August 2002 to July 2015. He became a member of the Party Committee and Vice Chairman of the Social Security Fund Foundation in 2015.
Before being investigated this time, Wang Wenling was the top-ranked Vice Chairman and the longest-serving official among the current leadership of the Social Security Fund Foundation.
Established in August 2000, the CCP Social Security Fund Foundation manages and operates the national social security fund. In 2018, it was reorganized from being managed by the State Council to being managed by the Ministry of Finance as a fund investment operation agency, no longer having a specific administrative level.