A few days ago, with the approval of the CPC Central Committee, the Central Discipline Inspection Commission and the State Supervision Commission launched a case review and investigation on Wang Bin, former party secretary and chairman of China Life Insurance (Group) company, for serious violations of discipline and law< Br > < div class = "height" > < / div > according to investigation, Wang Bin has lost his ideals and beliefs, abandoned his original intention and mission, and his political consciousness is indifferent. He refuses to implement the major decisions and arrangements of the Party Central Committee on preventing and resolving financial risks. He not only creates and amplifies financial risks, but also engages in financial corruption. For a long time, he has abandoned the main responsibility of comprehensively and strictly administering the party, and vigorously engages in favoritism and selfish interests, which seriously pollutes the political environment of his unit. He is lax in managing the party and is unwilling to supervise Conflict with supervision and organizational review; In violation of the spirit of the eight regulations of the central government, accepting gifts and money in violation of regulations, and accepting travel arrangements and banquets that may affect the fair performance of official duties; Failing to report personal related matters as required; Borrowing huge sums of money from management and service objects and illegally owning shares of non listed companies; Intervening and intervening in market economic activities; The family style is corrupt, and for a long time, they extremely connive at or even help their relatives to carry out illegal activities; They have no fear, act arbitrarily, are willing to be “hunted” or even take the initiative to seek rent, regard public power as a tool to seize huge private profits, use their positions to make profits for others in loan financing, project cooperation and other aspects, and illegally accept huge amounts of property< Br > < div class = "height" > < / div > Wang Bin seriously violated the party’s political discipline, organizational discipline, integrity discipline, work discipline and life discipline, which constituted a serious duty violation and was suspected of taking bribes and other crimes, and he did not stop after the 18th National Congress of the party, which was serious in nature and had a bad impact, and should be dealt with seriously. In accordance with the regulations of the Communist Party of China on disciplinary measures, the supervision law of the people’s Republic of China, the law of the people’s Republic of China on administrative sanctions against public officials, and other relevant provisions, the Standing Committee meeting of the Central Discipline Inspection Commission studied and reported to the CPC Central Committee for approval, and decided to expel Wang Bin from the party; The State Supervision Commission shall dismiss him from public office; Terminate his qualification as a representative of the 19th National Congress of the Communist Party of China; To confiscate the illegal gains of the violators; The suspected criminal issues shall be transferred to the procuratorial organs for examination and prosecution according to law, and the property involved shall be transferred together.