Tang Shuangning, former chairman of China -large State -owned Financial Holdings Company, was arrested.

The Chinese Supreme People's Procuratorate on Monday (January 15) reported on the official website that Tang Shuangning was suspected of corruption and bribery.The Supreme People's Procuratorate made a decision to arrest Tang Shuangning on suspicion of corruption and bribery.The case is being handled further.

Public information shows that Tang Shuangning was the chairman of the Everbright Group in 2007 and retired in 2017.

Six years later, the website of the Central Commission for Discipline Inspection announced in July last year that Tang Shuangning was investigated for serious disciplinary violations.On January 6 this year, Tang Shuangning was expelled from the Communist Party of China.

The website of the Central Discipline Inspection Commission's website reported that Tang Shuangning weakened the CCP's leadership of state -owned enterprises to prevent and resolve difficulties in financial risks.

Tang Shuangning's successor Li Xiaopeng was announced by officials last April, and was expelled from the party and public office.The official website of the Supreme People's Procuratorate reported in October last year that Li Xiaopeng decided to arrest.