
Former stock exchange exec removed from CPC, public office
China DailyDong Guoqun, former deputy general manager of the Shanghai Stock Exchange, has been expelled from the Communist Party of China and dismissed from public office over severe violations of Party discipline and laws, China's top anti-corruption watchdogs said on Saturday. While resisting the commissions' investigation, Dong colluded with others to fabricate testimony, and transferred and concealed illicit gains, according to the commissions. Dong frequently visited private clubs and repeatedly accepted banquets arranged by individuals under his management, the commissions said in a statement. As a result of his severe violations, the commissions decided to expel Dong from the CPC, remove him from public office and had his illicit gains confiscated.
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