The former deputy secretary of the Party committee and deputy head of Shenzhen branch of Agricultural Bank of China, Wang Guobiao, has been expelled from the Party and dismissed from public office.

According to the news from the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervision Commission stationed at the Agricultural Bank of China, and the Shandong Provincial Commission for Discipline Inspection, the former deputy secretary of the party committee and deputy branch manager of the Agricultural Bank of China branch in Shenzhen, Wang Guobiao, is under investigation for serious violations of discipline and law. During the investigation, it was found that Wang Guobiao had lost his ideals and beliefs, neglected his duties in implementing strict party governance, resisted organizational investigations, tampered with evidence, engaged in superstitious activities, accepted banquets that could affect the impartial execution of official duties, failed to report personal matters as required, abused his power and influence for personal gain, accepted gifts that could affect the impartial execution of official duties, and illegally received large sums of money. Wang Guobiao has seriously violated political discipline, organizational discipline, and integrity discipline of the Communist Party, and is suspected of committing bribery crimes. After the 18th National Party Congress, he did not restrain himself, which has had a serious and negative impact and should be dealt with severely. Based on relevant regulations such as the Chinese Communist Party Disciplinary Measures, the Supervision Law of the People's Republic of China, and the Administrative Sanctions Law for Public Officials, the Agricultural Bank of China Party Committee has decided to expel Wang Guobiao from the Party; the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervision Commission stationed at the Agricultural Bank of China has decided to dismiss him from public office, confiscate his ill-gotten gains, and transfer him to the procuratorial organs for legal review and prosecution for suspected criminal activities, along with the confiscated property.