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Disgraced top China banker Liu Liange married son’s girlfriend, causing his chronic depression​

By YATING YANG
  • CHINA
  • Sunday, 22 Dec 2024

    10:12 PM MYT
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The disgraced top China banker, Liu Liange, reportedly forced his son to break up with his girlfriend and later married the young woman. -- Photo: SCMP composite/Shutterstock
BEIJING (SCMP): Disgraced Chinese banker, Liu Liange, who has been sentenced to death for corruption, has had his romantic life come under public scrutiny.

This includes frequently changing partners and sabotaging his son’s relationship before marrying his girlfriend, leading to widespread criticism and reportedly contributing to the young man’s chronic depression.


Born in 1961 in Yongji, Jilin province, northeastern China, Liu hails from a well-educated family. He later gained admission to Jilin University of Finance and Economics.

His career in banking and finance included stints at the People’s Bank of China central bank and the Export-Import Bank of China before being promoted as the Chairman of the Bank of China in 2019.


Liu Liange’s rapid ascent made him the youngest chairman among the “Big Four” state-owned banks before his equally dramatic fall from grace. -- Photo: Xinhua
Liu Liange’s rapid ascent made him the youngest chairman among the “Big Four” state-owned banks before his equally dramatic fall from grace. -- Photo: Xinhua

At the time, he was the youngest chairman among the “Big Four” state-owned banks, which propelled him into the public spotlight.

However, there have been persistent suspicions that Liu’s rapid rise was facilitated by his first wife, purportedly the daughter of a high official, whom he later divorced to marry his young mistress after achieving his professional success.

According to Caixin, the conduct of this now-disgraced banker was described as “morally corrupt”, a term often applied to officials known for having three or more mistresses.

Reports detail Li’s personal conduct as being widely criticised for his multiple marriages and numerous extramarital affairs.
 
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