Politics · China · 2 hrs ago
Former trust company chairman Zhang Wen expelled from party and public office
Chinese authorities expelled Zhang Wen from the Communist Party and public office.
Zhang was the former party secretary and chairman of Bank of Communications International Trust.
Investigators said he accepted money and gifts and broke rules on conduct, reporting personal interests and workplace decisions.
They also found that he used his position to help others with loan approvals and hiring in return for illegal payments.
The authorities said the violations were serious and included suspected bribery.
His unlawful gains are to be recovered, and the related property has been handed over.
Shanghai authorities sent the suspected criminal case to prosecutors for legal review and possible prosecution.
Zhang Wen, former chairman and Party secretary of Bank of Communications International Trust Co., Ltd., was expelled from the Communist Party and removed from public office.
Authorities said he committed serious disciplinary and legal violations, including taking large sums of money in exchange for favors.
The authorities said Zhang helped others with loan approvals, recruitment and job transfers by using his position and influence.
His alleged criminal conduct has been transferred to prosecutors for review and possible prosecution.
The announcement was reported on 5 November 2026.
- Who
- Zhang Wen, former Party secretary and chairman of Bank of Communications International Trust Co., Ltd.
- What
- He was expelled from the Communist Party and removed from public office. His suspected criminal conduct was transferred to prosecutors.
- When
- The announcement was reported on 5 November 2026.
- Where
- Shanghai authorities investigated the case.
- Why
- Authorities said he committed serious disciplinary and legal violations, including accepting money for helping others.
This story does not have two clearly opposing sides.
Authorities investigated Zhang after receiving approval from the Central Commission for Discipline Inspection and National Commission of Supervision.
The announced decisions expelled Zhang from the Party and removed him from public office.
His suspected criminal conduct and related property were transferred to prosecutors for review and prosecution procedures.
- Name
- Zhang Wen
- Former position
- Party secretary and chairman of Bank of Communications International Trust Co., Ltd.
- Announcement reported
- 5 November 2026
- Disciplinary outcome
- Expelled from the Communist Party and removed from public office
- Alleged offenses
- Serious duty-related violations and suspected bribery
1 source
What people are saying
Zhang seriously violated the Party’s organizational, integrity, work and life disciplines, constituted serious duty-related violations and was suspected of bribery.