BEIJING -- Mo Jiancheng, a former member of the Communist Party of China (CPC) committee of the Ministry of Finance (MOF), has been expelled from CPC and dismissed from public office for violating the Party's code of conduct.

Mo acted against the Party's eight-point frugality code and attended lavish banquets, and he took bribes to help other people gain promotions, said a statement by the CPC Central Commission for Discipline Inspection (CCDI).

Mo, suspected of taking bribes, took advantage of his posts to seek profits for others and accepted a huge amount of property, the statement said.

As a senior official of the CPC, he lost his faith in the Party. Even after the 18th CPC National Congress, he still showed no signs of restraint and his wrongdoings were of a grave nature, said the statement.

Mo's illegal gains will be confiscated and his case transferred to the judiciary, it added.

Mo, born in 1956, was also the former leader of the discipline inspection team sent by CCDI to MOF.