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The Wall Street Publication > Blog > World > Beijing Probes Central Banker for Passing Tips to Bond Traders
World

Beijing Probes Central Banker for Passing Tips to Bond Traders

Editorial Board Published May 19, 2022
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Beijing Probes Central Banker for Passing Tips to Bond Traders
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China’s top anticorruption agency is investigating a senior Chinese central banker for suspected leaking of official economic statistics, say people with knowledge of the matter, after Beijing criticized the central bank for not adequately aligning itself with the party-state.

The Central Commission for Discipline Inspection said Wednesday that Sun Guofeng, who was until earlier this month head of the monetary-policy department of the People’s Bank of China, is being investigated for “suspected serious violation of laws and discipline.” It didn’t disclose any specifics.

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