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2009-02-09 | All chapters

Insurance chief removed for bribery

 

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http://www.chinadaily.com.cn/china/2009-02/07/content_7454057.htm

 

The head of the China Export and Credit Insurance Corporation, the country’s only policy-oriented export credit insurer, h as been removed from his post and kicked out of the Party over allegations of accepting bribes and causing a $245-million loss to State banks.