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China Said to Probe Ex-Central Banker’s Role in Family Finances

China’s anti-graft agency is investigating if former central bank chief Dai Xianglong used his government posts to enrich his family, said people familiar with the matter.

Dai, who was People’s Bank of China governor from 1995 to 2002, is cooperating with the probe and hasn’t been accused of any wrongdoing, according to the people, who asked not to be identified because the inquiry hasn’t been made public. Investigators are studying whether Dai, 70, used his influence or passed along inside information to the financial benefit of his relatives, the people said.