Senior executives arrested for Vice president

At the time of the change of chairman of the Guangdong Development Bank (hereinafter "the broad issue"), it was reported yesterday that several senior executives such as Wang Xin, a vice president of the bank, had been investigated by the judiciary. According to the financial network reported that Wang Xin June 19 for alleged corruption was formally arrested, with the arrest of the Department of Asset Management, deputy radar, and a more closely related to the issue of Hou surname man.　　General Manager Li Shujin is currently in medical parole state.　　The broad public Relations department did not comment on the report.　　reported that the above cases are related to the issue of the disposal of non-performing assets during the reorganization process. Public information shows that Wang Xin, 58 years old, became the executive vice president in August 2002, and before December 2006, Wang Xin was in charge of the broad issue of asset disposal and development planning. The disposal of non-performing assets is the key to the reorganization of the broad issue.　　At the end of February 2006, a wide distribution of about 56 billion yuan of non-performing assets were stripped to the Guangdong provincial government-owned Guangdong Financial Investment Holdings Limited, and then the Guangdong Financial Trust for disposal. Among them, the broad issue of the auction of its wholly-owned non-financial assets-the 100% shareholding of the Canton control group and the broad issue of the broad control group and its subsidiaries of the 1.722 billion-yuan creditor's rights, the analysis was suspected to be the cause of Wang Xin.　　In March 2006, the Private enterprise, Chang Heng Far Holdings Limited, at 400 million yuan for the price of this part of the asset.　　It is noteworthy that, although the quality of the control group assets is not high, but its enterprises have reached 30, distributed in Guangdong Province and Guangxi, Yunnan, Hainan, Shanghai and other areas, business scope including investment, development, operation of the introduction of external union industry, property, tourism projects. It is necessary to mention that, in charge of the 10-year-wide issue of the Chairman, the 54-year-old Li Johong June 19 resignation application, June 22 (Monday) morning, the broad distribution of the board of Directors, all the directors unanimously voted for his resignation request. Li Johong's successor is Dong Jianwei, president of the former Bank of China's Beijing branch.