Former Chinese central banker accused of taking massive bribes admits ‘huge mistake'

In a recent state broadcast documentary, a former Chinese central banker, Fan Yifei, admitted to accepting massive bribes during his tenure. Fan, who served as one of the top officials at the People’s Bank of China from 2015 to 2022, was charged with bribery in September. The documentary detailed how Fan allegedly accepted large payments from executives of various companies in exchange for favors while in his position. Fan acknowledged his mistake, and these revelations come shortly after Chinese leader Xi Jinping vowed to combat corruption within various industries. The documentary has gained significant attention on social media platform Weibo.