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Former Chinese central banker accused of taking massive bribes admits ‘huge mistake’

From cnn.com

Fan Yifei, a disgraced former Chinese central banker, has admitted making a “huge mistake” in comments aired as part of a documentary by state broadcaster CCTV that alleges he accepted massive bribes from the beginning of his tenure. Fan, who was one of the People’s Bank of China’s (PBOC) top officials from 2015 to 2022, was charged with bribery in September. The fresh revelations about him came a day after Chinese leader Xi Jinping vowed to go after “flies and ants” as part of an anti-corruption campaign targeting industries such as finance, energy and infrastructure. The CCTV program, which aired on Tuesday as part ... (full story)

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