Former PBoC deputy governor expelled from Communist party
Anti-corruption body accuses fintech and pyaments overseer Fan Yifei of accepting large bribes
Fan Yifei, a former deputy governor of China’s central bank, has been expelled from the Communist party and dismissed from public office for “serious violations of discipline and law”.
Fan became a deputy head of the People’s Bank of China in early 2015. He oversaw the fintech and payment sectors, including the development of the digital yuan.
He was placed under investigation by the Central Commission for Discipline Inspection, the top anti-corruption watchdog, in November 2022, and stripped
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