Original Researcher Tan Mengzheng of China Development Bank has been expelled from the party.
Upon investigation, Tan Mengzheng has lost his ideals and beliefs, betrayed his original intentions and mission, and engaged in superstition activities for a long time; violated the spirit of the Central Eight-point Regulations, accepted banquets in violation of regulations for a long time, and passed on the expenses that should have been paid by himself to others; violated organizational principles by not truthfully explaining issues during organizational conversations; breached the bottom line of integrity, accepted gifts and money from management service recipients, engaged in profit-making activities in violation of regulations, and illegally held paid positions after retirement; disregarded financial risks, failed to properly fulfill responsibilities in financing approval work, causing significant losses; abused his position, sought benefits for others in project contracting, financing approval, etc., and illegally accepted huge sums of money.
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