China central bank vice governor under investigation

In this undated photo, a cyclist pedals past the headquarters of the People's Bank of China in Beijing. (FAN SHAOGUANG / FOR CHINA DAILY)

BEIJING – Fan Yifei, vice governor of the People's Bank of China, is under disciplinary and supervisory investigation, an official statement said Saturday.

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Fan, also a member of the Committee of the Communist Party of China (CPC) of the bank, is being investigated by the CPC Central Commission for Discipline Inspection (CCDI) and the National Supervisory Commission (NSC) for suspected severe violations of disciplines and laws, the CCDI and NSC statement said.