BEIJING (Reuters) - China's State Council has officially removed Yang Jiacai, the assistant chairman of the China Banking Regulatory Commission, from his post, according to a notice published on the website of the State Council.
Last month, Yang was placed under investigation by the Central Commission for Discipline Inspection, the country's top anti-graft body, for suspected serious violations of discipline, a phrase that usually refers to corruption.
(Reporting By Matthew Miller; Editing by Michael Perry)
Disclaimer: No Business Standard Journalist was involved in creation of this content