Key facts
- Ye Xinjie, a vice president at Bank of China's Ningbo branch, is under investigation for suspected corruption.
- The probe is connected to 46 billion yuan ($6.8 billion) in bad loans.
- The bad loans are linked to a Hong Kong property tycoon's stalled skyscraper project.
An executive at Bank of China Ltd. (BOC) is under investigation, adding to the fallout from an anti-graft probe into 46 billion yuan ($6.8 billion) in bad loans linked to a Hong Kong property tycoon's stalled skyscraper project. Ye Xinjie, a vice president of BOC’s Ningbo branch, is suspected of corruption, according to a statement from China’s top anti-graft watchdog.