Insurance News

Former China Life Insurance chairman charged with bribery, hiding funds

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BEIJING, Jan 19 (Reuters) – Wang Bin, the former chairman of China Life Insurance Co (601628.SS) and its former Communist Party chief, has been charged with taking bribes and concealing deposits abroad, the official Xinhua news agency said on Thursday.

Reporting by Beijing newsroom; Editing by Christian Schmollinger

Our Standards: The Thomson Reuters Trust Principles.

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