Recently, Zheng Peng, former vice president of the Jilin Branch of the China Import and Export Bank, has been taken down for investigation.
On November 15th, the Central Commission for Discipline Inspection of the Communist Party of China and the National Supervisory Commission announced that Zheng Peng, former party committee member and vice president of the Jilin Branch of the China Import and Export Bank, is suspected of serious violations of discipline and law. Currently, he is undergoing disciplinary review by the discipline inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at the China Import and Export Bank, as well as investigation by the Shenyang Municipal Supervision Commission in Liaoning Province.
Zheng Peng had worked at the China Import and Export Bank for many years, with limited public information available about him.
In May 2017, Zheng Peng participated in a symposium between the Jilin Branch and the Jilin Municipal Committee and Government as vice president of the Jilin Branch of the China Import and Export Bank, where he highlighted the business situation and characteristics of the bank.
It is notable that several officials of the China Import and Export Bank have come under investigation in the second half of this year.
On July 17th, Wang Fade, former president of the Tianjin Branch, was announced to be under investigation; on July 30th, Wang Xuguo, former president of the Shanghai Branch, was also announced to be under investigation.
Furthermore, in January of this year, Zhu Canzhang, former team leader of the Risk Resolution Supervision Team of the China Import and Export Bank, was expelled from the party and dismissed from public office; in February, Li Jichen, former full-time evaluation committee member of the China Import and Export Bank, was expelled from the party.