Former Bank of China Chairman Ousted from Communist Party for Bribery and Financial Misconduct

Liu Liange, former chairman of state-owned Bank of China, expelled from Communist Party for illegal activities and bribery
Accused of illegally granting loans, causing financial risks, and bringing prohibited publications into China
Had worked at People's Bank of China and Export-Import Bank before becoming Bank of China chairman in 2019
Resigned in March 2022, was put under investigation for party discipline violations two weeks later
Xi Jinping's anti-corruption campaign aims to advance party's self-revolution and consolidate power
Campaign is popular among public fed up with widespread graft