Caixin reported on November 10, 2017, that Mu Huaping, Deputy Mayor in charge of the science and technology sectors of the centrally administered Chongqing Municipality had been removed for alleged financial ties with the local financial technology firm IZP Group November 9. Earlier, on October 9, the CCP's Central Discipline Inspection Commission (CDIC) said Mu had been found guilty of trading favors for personal gains and having failed to carry out his duties.It said Mu Huaping had been found guilty of neglecting his duties in decisions concerning major projects in pursuit of “political achievements,” and also failure to report personal information in accordance with requirements. He was also found guilty of trading favors to gain promotion.

(Comment: Sun Zhengcai, former Party Secretary of Chongqing and Politburo member was also a key supporter of IZP Group, best known for its payment settlement service Globebill.)