Former PICC P&C president under investigation -anti-graft watchdog

PICC Property And Casualty

31/05/2022 09:39

SHANGHAI, May 31 (Reuters) - The former president of PICC
Property and Casualty Co  2328.HK  is being probed for suspected
rule violations, China's anti-graft watchdog said on Tuesday.
    Lin Zhiyong, also former Party Secretary of the Chinese
insurer, is suspected of serious violations of laws and
regulations, China's Central Commission for Discipline
Inspection (CCDI) said in a statement on its website.
    The announcement came less than a week after CCDI said a
former chief accountant of PICC Property and Casualty was
accused of illegal activities and taking bribes. 

 (Reporting by Shanghai newsroom; Editing by Kirsten Donovan)
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