China’s famed Shaolin Temple announced on Sunday that its abbot is under investigation for suspected embezzlement and “improper relationships” with women, reviving decade-old allegations against the controversial,

Shi Yongxin, who has been dubbed the "CEO monk" after turning the temple into a sprawling business, is now accused of violating "Buddhist precepts."

Shi Yongxin, the temple’s abbot since 1999, has also had his ordination certificate revoked over allegations that he embezzled funds and had “improper relationships” with women.