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International

Former insurance company chairman indicted on bribery charges

January 20, 2023 Reprints

The Supreme People's Procuratorate of China has indicted Wang Bin, former chairman at China Life Insurance Co. Ltd., for allegedly taking bribes and concealing overseas savings, Asia Insurance Review reported. Mr. Wang is accused of taking advantage of his positions at various financial institutions to seek benefits for others and accepting huge amount of money and gifts in return.

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Former insurance company chairman indicted on bribery charges

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