The Supreme People's Procuratorate (SPP) ordered the arrest of Liu Liange on Monday.

Liu Liange served as the chairman of the Bank of China from  2019 to 2023.

He resigned in March.

The 62-year-old is one of the most senior bankers to be ensnared in President Xi Jinping's anti-corruption probe into China's $60 trillion (£49 trillion) financial sector, reported BBC.

Liu was arrested just weeks after he was expelled from China's ruling Communist Party following accusations of wrongdoing by the country's top anti-graft watchdog China's Central Commission for Discipline Inspection.