SHANGHAI (Reuters) -&nbsp;China's ruling&nbsp;Communist&nbsp;Party&nbsp;has expelled the&nbsp;former&nbsp;chairman&nbsp;of the state-owned&nbsp;Bank&nbsp;of&nbsp;China&nbsp;from&nbsp;the&nbsp;party, accusing him of illegal activities and taking bribes, the top anti-graft watchdog said on Saturday.
Liu Liange was accused of illegally granting loans and causing significant financial risks, the Central Commission for Discipline Inspection (CCDI) said in a statement on its website.
He also brought prohibited publications into the country and illegally took bribes and accepted entertainment at private clubs and ski resorts, said the commission, which is responsible for tackling corruption in the 97 million-member&nbsp;party.
Reuters was not immediately able to contact Liu to seek comment.
Liu, born in 1961, had been working in&nbsp;banking and finance institutions, including in the central People's&nbsp;Bank&nbsp;of&nbsp;China&nbsp;and the Export-Import&nbsp;Bank&nbsp;of&nbsp;China, before he was promoted to become&nbsp;chairman&nbsp;of the&nbsp;Bank&nbsp;of&nbsp;China&nbsp;in 2019.
Liu resigned&nbsp;from&nbsp;that position in mid-March this year.
Two weeks later, state media reported that the CCDI had opened an investigation into him on suspicion of serious violations of&nbsp;party&nbsp;discipline and laws.
Fighting corruption to advance the&nbsp;party's "self-revolution" has been a signature policy of President Xi Jinping since he became supreme leader in 2012.
Xi's campaign against corruption is popular among a public fed up with widespread graft. It has also helped him consolidate power by replacing rivals with loyalists, analysts have said.
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(Reporting by Shanghai Newsroom; editing by Robert Birsel)

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China expels former Bank of China chairman from Communist Party