Key facts
- Shi Shunhua, a former vice president of China Merchants Bank, is under investigation.
- The investigation is for suspected severe disciplinary and legal violations.
- Shi Shunhua retired from the bank over three years ago.
- Authorities took Shi Shunhua away for questioning around mid-June.
- The probe is being conducted by central and provincial anti-graft agencies.
Shi Shunhua, a former vice president of China Merchants Bank Co., is under investigation for suspected severe disciplinary and legal violations, according to a joint official statement released on Friday. Sources familiar with the matter told Caixin that authorities took him away for questioning around mid-June, more than three years after his retirement.