[GT Online] CCP “Meat Grinder”System! Former Vice Chairman of China Banking Regulatory Commission Cai Esheng Was Arrested

Written/Translated by: Sister Karamazov

Image source: https://www.6parknews.com/newspark/view.php?app=news&act=view&nid=497631

CCP propaganda mouthpiece website news.cctv.com reported on July 30 that according to the website of the State Supervision Commission of the Central Commission for Discipline Inspection, Cai Esheng, former member of the Party Committee and vice chairman of the China Banking Regulatory Commission (CBRC), was suspected of “serious violations of discipline and law”, and is currently undergoing “disciplinary review and investigation” by the State Supervision Commission of the Central Commission for Discipline Inspection.

Cai Esheng became vice chairman of CBRC since 2005 and retired in 2013. It is shocking that he was still arrested 8 years after his retirement. This is just another vivid example of CCP’s “meat grinder” system – everyone is persecuting everyone else, everyone is doing evil, yet nobody escapes. Before Cai Esheng, several other “CCP fat cats” in financial system were already arrested due to CCP internal fights in the past few years, to name just a few:

  • On April 17, 2018, Lai Xiaomin, Secretary of the Party Committee and Chairman of China Huarong Asset Management Co., Ltd., was investigated;
  • On February 20, 2019, Zhao Jingwen, former member of the party committee and executive director of China CITIC Group Co., Ltd., was investigated;
  • On July 31, 2019, Hu Huaibang, former secretary of the Party Committee and Chairman of the China Development Bank was investigated;
  • on March 20, 2020, Sun Deshun, former deputy secretary of the Party Committee and President of China CITIC Bank Co., Ltd. was expelled from CCP.

Regarding Cai’s arrest, Mr. Miles Guo commented on his GETTR (https://gettr.com/post/p66w70) on Cai’s decadent and corrupt life: Cai’s concubine has kept several so-called “monk masters” from Tibet, and they often fornicate during weekends. Xiao Jianhua (Chinese billionaire known for managing assets for descendants of CCP high ranking officials, later abducted to Communist China in 2017) bought Cai $200 million worth of paintings one time in New York. Also, Cai is Wang Qishan’s “brother of life and death”, and is also Guan Jun’s so-called “Godfather”.

As CCP accelerates towards its death, its “meat grinder” system is working at full power. Who is next?

Source: https://news.cctv.com/2021/07/30/ARTIxRIxYNNaCwJv9cegyV4e210730.shtml?spm=C94212.PZd4MuV7QTb5.Euuu2IJOvZIL.27

https://www.dwnews.com/中国/60254094/中共颁金融反腐重磅新规后原银监会副主席蔡鄂生落马图

https://cn.reuters.com/article/china-banking-former-official-investigat-idCNKBS2F01BE

(The views and opinions expressed in this article are those of the author’s own)

Disclaimer: This article only represents the author’s view. Gnews is not responsible for any legal risks.

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