The website of the CCP Central Commission for Discipline Inspection announced that Wu Changyu, former Deputy Party Secretary and General Manager of China Three Gorges Corporation Yunnan Energy Investment Co., Ltd., has been expelled from the Party and public office.
According to a submission from an insider posted by the X account Luo Xiang, Wu Qiren of China Three Gorges Corporation was taken away for investigation on July 21 after revealing the flood disaster and the internal truths about the Three Gorges at a dinner gathering and sending out information by circumventing the Great Firewall.
The China Development Bank established its first branch, the Wuhan Branch. Yu Xiaoping was personally appointed by the head office as the inaugural president and party secretary, tasked with supporting the second-phase water storage of the Three Gorges Project and the subsequent listing of China Yangtze Power.
With the China Three Gorges Project Corporation acting as the credit entity, the China Development Bank provided a massive 30 billion yuan, 15-year loan for the Three Gorges Project. At that time, Yu Xiaoping was responsible for related financing at the head office.