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China Construction Bank controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2020

    China Construction Bank investee fined over wastewater incident

    Fine or penalty

    A regulatory penalty disclosure stated that Zhongtian Construction Group Co., Ltd., an investee of China Construction Bank, was fined RMB 30,000. According to the disclosure, a broken pipe caused wastewater not to enter a collection pool, and the company responsible for operating and maintaining that section did not promptly activate its emergency plan, take emergency measures, or report the event to the environmental authority.

    A regulatory penalty disclosure said China Construction Bank investee Zhongtian Construction Group Co., Ltd. was fined RMB 30,000 after a broken pipe caused wastewater not to enter a collection pool; the company responsible for operating and maintaining that section did not promptly activate its emergency plan, take emergency measures, or report the event to the environmental authority.

    Source excerpt

    • 建设银行(601939.SH)参股子公司中天建设集团有限公司因环境违法行为收到行政处罚。中天建设集团有限公司被处以罚款3万元。该处罚信息于2020年12月8日被相关监管机构披露。
    • 在50m3污水收集池前端约2米左右的接口处断裂,造成应该汇入50m3污水收集池的污水没有汇入收集池
  2. 2005

    Zhang Enzhao bribery case

    Chairman Zhang Enzhao resigned after a bribery allegation involving approximately US$1 million and was later sentenced to 15 years in prison.

  3. 2002

    Wang Xuebing bribery case

    CCB chairman Wang Xuebing resigned after being charged with accepting bribes connected to his earlier employment at Bank of China. He was later sentenced to 12 years in prison.