The private accounts of international investment banks are usually beyond scrutiny, but because Gaoxin had been singled out as the "chicken" to be sacrificed to warn the monkeys, the regulators were certainly not going to let them off the hook.
Gaoxin already had a history of corruption in Malaysia, and this time, they had forged client lists. Once the CBIRC investigation team moved in, they kept digging and found more and more. Beyond the fabricated lists, Gaoxin was also involved in illegal foreign exchange activities and a series of suspicious, large-sum transaction reports.
It didn't take long for the State Administration of Foreign Exchange, the People's Bank of China, and the CSRC to intervene.
Chapter 464