Third BOC HK executive under investigation

BOC Hong Kong (Holdings), the Hong Kong listed arm of Bank of China, disclosed that a third executive is being investigated for possible misappropriation of funds. The bank had just days earlier revealed that two deputy chief executives, Zhu Chi and Ding Yansheng, had been suspended as investigators widened their fraud enquiry. Zhang Debao, a former GM at the branch, worked under former BOCHK chief executive Liu Jinbao, now under detention on the mainland.