Prison is price of graft for 6 'tigers'
7 years, 9 months ago

Prison is price of graft for 6 'tigers'

China Daily  

Six former senior officials were convicted of bribery and given sentences ranging from six years to life imprisonment by Chinese courts on Wednesday. They were Wang Baoan, former head of the National Bureau of Statistics; Chen Xuefeng, former Party chief in Luoyang, Henan province; and Lu Ziyue, former mayor of Ningbo, Zhejiang province. The other three, handed sentences ranging from six to 15 years, were Chang Xiaobing, former chairman of China Telecom; Li Chengyun, former vice-governor of Sichuan; and Deng Qilin, former chairman of Wuhan Iron and Steel Corp. Wang Baoan had accepted bribes valued at 153 million yuan, according to Zhangjiakou City Intermediate People's Court in Hebei province. Chen took advantage of his position to gain benefits for others and, in turn, accepted money and assets worth 125 million yuan from 2000 to 2015, according to Jingzhou City Intermediate People's Court in Hubei province. More than 140 high-ranking officials, at ministerial level or above, have been investigated over alleged graft issues, including Zhou Yongkang, a former member of the Standing Committee of the Political Bureau of the CPC Central Committee, who was sentenced to life imprisonment in June 2015, according to the top anti-graft watchdog.

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History of this topic

Former bank chairman jailed 15 years, fined for bribery
1 week ago

Former bank chairman jailed 15 years, fined for bribery

China Daily  

Li Xiaopeng, former chairman of China Everbright Group, a State-owned financial conglomerate, was sentenced to 15 years in prison for bribery by a court in Daqing, Heilongjiang province, on Tuesday. According to investigation, from 1994 to 2021, Li was found to have taken advantage of his positions, including deputy head of the Industrial and Commercial Bank of China, general manager …

Former Sichuan official gets 16 years for bribery and firearms possession
1 month ago

Former Sichuan official gets 16 years for bribery and firearms possession

China Daily  

By CANG WEI in Nanjing | chinadaily.com.cn | Updated: 2025-02-24 20:11 Yang Kening, a former senior political advisor in Sichuan province, was sentenced to 16 years in prison and fined 4 million yuan on Monday for charges including bribery and illegal possession of firearms and ammunition. The intermediate people's court of Nantong in Jiangsu province handed down a 15-year prison …

Former vice-president of ICBC sentenced to death
1 month ago

Former vice-president of ICBC sentenced to death

China Daily  

Zhang Hongli, former vice-president of the Industrial and Commercial Bank of China, was sentenced to death with a two-year reprieve for the crime of accepting bribes by a court in Hangzhou city, Zhejiang province, on Wednesday. The Intermediate People's Court of Hangzhou City said in a statement that from 2011 to 2022, Zhang took advantage of his positions in the …

Former COFCO executive sentenced to 12 years for bribery and abuse of power
2 months, 1 week ago

Former COFCO executive sentenced to 12 years for bribery and abuse of power

China Daily  

Zhou Zheng, a former deputy general manager of COFCO Group, one of China's leading agricultural and food companies, was sentenced Tuesday to 12 years in prison for bribery, embezzlement, and abuse of power, a court in northern China announced. Zhou, who held various roles at COFCO from 1998 to 2023 — including chairman of COFCO Land Holdings Limited and Grandjoy …

Former COFCO executive sentenced to 12 years for bribery and abuse of power
2 months, 1 week ago

Former COFCO executive sentenced to 12 years for bribery and abuse of power

China Daily  

Zhou Zheng, a former deputy general manager of COFCO Group, one of China's leading agricultural and food companies, was sentenced Tuesday to 12 years in prison for bribery, embezzlement, and abuse of power, a court in northern China announced. Zhou, who held various roles at COFCO from 1998 to 2023 — including chairman of COFCO Land Holdings Limited and Grandjoy …

Insurance manager sentenced to life for bribery
2 months, 1 week ago

Insurance manager sentenced to life for bribery

China Daily  

Xiao Xing, former deputy general manager of State-owned China Taiping Insurance Holdings Co Ltd, was sentenced to life imprisonment for bribery on Monday, according to a court in Central China. Previously, Xiao held several other management positions, including general manager of China Life Insurance's Shanghai branch and general manager of Taiping Asset Management Co Ltd. The court found that from …

Former senior official of Guangxi sentenced to 13 years
2 months, 2 weeks ago

Former senior official of Guangxi sentenced to 13 years

China Daily  

A former senior official in the Guangxi Zhuang autonomous region was sentenced to 13 years in prison for bribery on Wednesday, according to the Intermediate People's Court of Changde city in Hunan province. Zhang Xiulong, former vice-chairman of the standing committee of the People's Congress of Guangxi, was convicted of accepting bribes totaling more than 41.19 million yuan. According to …

Self-exiled Chinese businessman’s chief of staff gets 10 years in prison in $1B fraud
2 months, 2 weeks ago

Self-exiled Chinese businessman’s chief of staff gets 10 years in prison in $1B fraud

Associated Press  

NEW YORK — The chief of staff for a Chinese businessman sought by the government of China was sentenced Monday to 10 years in prison for her role in the $1 billion fraud case. Judge Analisa Torres said Wang was an “integral part of the conspiracy” carried out by Guo Wengui, who was convicted at a July trial and awaits …

Former deputy Party chief of Shanxi given life sentence for bribery
2 months, 3 weeks ago

Former deputy Party chief of Shanxi given life sentence for bribery

China Daily  

Shang Liguang, former deputy secretary of the Communist Party of China Shanxi Provincial Committee, was sentenced to life in prison on Friday for taking bribes, according to the Luoyang Intermediate People's Court of Henan province. The court found that from 1999 to 2023, Shang took advantage of his various positions, including the mayor of Qinhuangdao in Hebei province and deputy …

Former senior Dalian official sentenced to life in prison for bribery
2 months, 3 weeks ago

Former senior Dalian official sentenced to life in prison for bribery

China Daily  

Hao Hongjun, a former senior municipal political advisor in Dalian, Liaoning province, was sentenced to life imprisonment for taking bribes on Thursday by the Intermediate People's Court of Handan in Hebei province. During the trial, it is revealed that from 2006 to 2023, Hao took advantage of his various positions to assist various entities and individuals in project contracting and …

Former XPCC senior official sentenced to 14 years in prison
3 months ago

Former XPCC senior official sentenced to 14 years in prison

China Daily  

Jiao Xiaoping, former deputy commander of the Xinjiang Production and Construction Corps, was sentenced to 14 years in prison for the crime of taking bribery of more than 67.43 million yuan, a court in Chongqing announced on Monday. Jiao, who is also a former standing committee member of the Communist Party of China committee of the corps, was also fined …

Former XPCC senior official sentenced to 14 years in prison
3 months ago

Former XPCC senior official sentenced to 14 years in prison

China Daily  

Jiao Xiaoping, former deputy commander of the Xinjiang Production and Construction Corps, was sentenced to 14 years in prison for the crime of taking bribery of more than 67.43 million yuan, a court in Chongqing announced on Monday. Jiao, who is also a former standing committee member of the Communist Party of China committee of the corps, was also fined …

China executes former Communist Party official in £324m corruption case
Trending News
3 months, 1 week ago

China executes former Communist Party official in £324m corruption case

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China has executed a regional …

China executes official involved in country's largest corruption case
3 months, 1 week ago

China executes official involved in country's largest corruption case

Hindustan Times  

China on Tuesday executed Li Jianping, a former official in the north Inner Mongolia Autonomous Region, who was convicted in the largest-ever corruption case in the country totalling to over USD 421 million. The death sentence of Li, former secretary of the ruling Communist Party working committee of the Hohhot economic and technological development zone, was initially issued in September …

China executes former official Li Jianping involved in corruption case
3 months, 1 week ago

China executes former official Li Jianping involved in corruption case

The Hindu  

China on Tuesday executed Li Jianping, a former official in the north Inner Mongolia Autonomous Region, who was convicted in the largest-ever corruption case in the country totalling to more than $421 million. “Li was found guilty by an intermediate court earlier of embezzling a staggering three billion yuan in illegal gains — the largest sum involved in a single …

Chongqing senior official sentenced to death with a reprieve
3 months, 1 week ago

Chongqing senior official sentenced to death with a reprieve

China Daily  

Xiong Xue, former deputy mayor of Chongqing, was sentenced to death with a reprieve in the first instance on Tuesday, for illegally accepting over 148 million yuan in bribery. The Intermediate People's Court of Zhengzhou in Henan province pronounced the verdict that Xiong was sentenced to death for the crime of bribery, with a two-year reprieve, deprivation of political rights …

China jails former national football coach for 20 years for bribery
3 months, 1 week ago

China jails former national football coach for 20 years for bribery

The Hindu  

The former coach of the Chinese men's national soccer team has received a 20-year prison sentence for bribery, Chinese State media reported Friday, December 13, 2024. Liu Tie, who once played in the English Premier League as a midfielder for Everton, was found guilty of “leveraging his positions” as head coach of the national football and national selection team to …

China jails former national football coach for 20 years for bribery
3 months, 1 week ago

China jails former national football coach for 20 years for bribery

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The former coach of the …

Chen Xin, Zhaohe Ge and Te Putu Hawkings jailed for kidnapping and torturing Chinese man during multi-million-dollar extortion bid
3 months, 1 week ago

Chen Xin, Zhaohe Ge and Te Putu Hawkings jailed for kidnapping and torturing Chinese man during multi-million-dollar extortion bid

ABC  

Three men who kidnapped, tortured and tried to extort millions of dollars from a Chinese businessman have been jailed, with a WA judge describing their crime as "hardly the work of criminal masterminds". Throughout the ordeal, the man was made to repeatedly contact a family member to demand that up to $3 million be transferred into an account linked to …

Former senior Xizang legislator given 13-year sentence for bribery
3 months, 2 weeks ago

Former senior Xizang legislator given 13-year sentence for bribery

China Daily  

The Intermediate People's Court of Chengdu in Southwest China's Sichuan province sentenced Ji Guogang, a former senior legislator of the Xizang autonomous region, to a 13-year prison term on Wednesday after convicting him of multiple bribery charges. Ji, who served as the former deputy director of the Standing Committee of the Xizang Autonomous Regional People's Congress, was fined 3 million …

China's top court reiterates 'zero tolerance' of corruption
3 months, 2 weeks ago

China's top court reiterates 'zero tolerance' of corruption

China Daily  

China's top court has directed courts nationwide to continue the fight against corruption with "zero tolerance" and focus more on solving cases involving livelihood, including education, healthcare and housing, as such disputes are more closely related to the people. Wudang District People's Court in Guiyang identified Zhong's behavior as the crimes of bribery and money laundering, sentencing Zhong to 11 …

Former Guangxi transportation chief sentenced to life in prison for bribery
3 months, 3 weeks ago

Former Guangxi transportation chief sentenced to life in prison for bribery

China Daily  

Chen Hongqi, the former chief of the Guangxi Zhuang autonomous region's transportation department, was sentenced to life in prison for bribery on Friday by the intermediate people's court of Guilin, Guangxi Zhuang autonomous region. The court found Chen guilty of leveraging his positions as head of the region's safety production, quality supervision and transportation departments between 2009 and 2022 to …

Former bank chief gets suspended death sentence
3 months, 3 weeks ago

Former bank chief gets suspended death sentence

China Daily  

Former Bank of China chairman Liu Liange received a death sentence with a two-year reprieve for accepting over 121 million yuan in bribes, a court in Jinan, Shandong province, announced on Tuesday. He was also sentenced to 10 years in prison and fined 150,000 yuan for illegally issuing 3.32 billion yuan in loans, the Jinan Intermediate People's Court said. The …

Former bank chief gets suspended death sentence
3 months, 3 weeks ago

Former bank chief gets suspended death sentence

China Daily  

Former Bank of China chairman Liu Liange received a death sentence with a two-year reprieve for accepting over 121 million yuan in bribes, a court in Jinan, Shandong province, announced on Tuesday. He was also sentenced to 10 years in prison and fined 150,000 yuan for illegally issuing 3.32 billion yuan in loans, the Jinan Intermediate People's Court said. The …

Ex-Bank of China chairman sentenced to death for accepting $16.8 million in bribes
3 months, 3 weeks ago

Ex-Bank of China chairman sentenced to death for accepting $16.8 million in bribes

India Today  

The former chairman of the Bank of China, Liu Liange, was on Tuesday sentenced to death with a two-year reprieve for corruption and illegal issuance of loans. He was found to have accepted bribes worth over 121 million yuan, a court in Jinan city in China's eastern Shandong Province said in its verdict. The court found that Liu had taken …

Former bank chairman gets death sentence
3 months, 3 weeks ago

Former bank chairman gets death sentence

China Daily  

Former Bank of China chairman Liu Liange received a death sentence with a two-year reprieve for accepting over 121 million yuan in bribes, a court in Jinan, Shandong province, announced on Tuesday. He was also sentenced to 10 years in prison and fined 150,000 yuan for illegally issuing 3.32 billion yuan in loans, the Jinan Intermediate People's Court said. The …

Former bank chairman gets death sentence
3 months, 3 weeks ago

Former bank chairman gets death sentence

China Daily  

Former Bank of China chairman Liu Liange received a death sentence with a two-year reprieve for accepting over 121 million yuan in bribes, a court in Jinan, Shandong province, announced on Tuesday. He was also sentenced to 10 years in prison and fined 150,000 yuan for illegally issuing 3.32 billion yuan in loans, the Jinan Intermediate People's Court said. The …

Former Zhejiang official receives life imprisonment for bribery
4 months ago

Former Zhejiang official receives life imprisonment for bribery

China Daily  

On Tuesday, Zhu Congjiu, a former senior political adviser in East China's Zhejiang province, was sentenced to life imprisonment for accepting bribes by the Ganzhou Intermediate People's Court in Ganzhou, Jiangxi province. Zhu was found to have made use of his various work positions from 2002 to 2022, including as general manager of the Shanghai Stock Exchange, head of the …

Former Zhejiang official receives life imprisonment for bribery
4 months ago

Former Zhejiang official receives life imprisonment for bribery

China Daily  

On Tuesday, Zhu Congjiu, a former senior political adviser in East China's Zhejiang province, was sentenced to life imprisonment for accepting bribes by the Ganzhou Intermediate People's Court in Ganzhou, Jiangxi province. Zhu was found to have made use of his various work positions from 2002 to 2022, including as general manager of the Shanghai Stock Exchange, head of the …

Former Guangdong legislator sentenced
4 months, 1 week ago

Former Guangdong legislator sentenced

China Daily  

Chen Jixing, former vice-chairman of the Standing Committee of the Guangdong Provincial People's Congress, was sentenced to death with a two-year reprieve on Tuesday for illegally accepting money and property worth over 278 million yuan. Chen, 70, was also deprived of political rights for life and had all his personal property confiscated during a trial at the Guilin Intermediate People’s …

Former Guangdong legislator sentenced
4 months, 1 week ago

Former Guangdong legislator sentenced

China Daily  

Chen Jixing, former vice-chairman of the Standing Committee of the Guangdong Provincial People's Congress, was sentenced to death with a two-year reprieve on Tuesday for illegally accepting money and property worth over 278 million yuan. Chen, 70, was also deprived of political rights for life and had all his personal property confiscated during a trial at the Guilin Intermediate People’s …

Former Heilongjiang official receives 13-year sentence for bribery
4 months, 2 weeks ago

Former Heilongjiang official receives 13-year sentence for bribery

China Daily  

Qu Min, the former vice-chairman of the Heilongjiang Provincial Committee of the Chinese People's Political Consultative Conference, was sentenced to 13 years in prison and fined 3 million yuan for the crime of bribery, according to a report by China Central Television on Wednesday. During a public trial at the Wenzhou Intermediate People's Court in Zhejiang province on Wednesday, the …

Former vice-mayor of Chongqing pleads guilty to bribery
5 months, 3 weeks ago

Former vice-mayor of Chongqing pleads guilty to bribery

China Daily  

Xiong Xue, former vice-mayor of Chongqing, pleaded guilty on Thursday to accepting bribes totaling 148 million yuan during a public trial held by the Intermedia People's Court of Zhengzhou, Henan province. Prosecutors accused Xiong of capitalizing on his various positions, including Party chief of Chongqing's Yongchuan district, director of Chongqing Municipal Bureau of Commerce, director of Chongqing Development and Reform …

China’s ‘beautiful governor’ given 13 years in prison over sexual relations with 58 subordinates
6 months ago

China’s ‘beautiful governor’ given 13 years in prison over sexual relations with 58 subordinates

New Indian Express  

Zhong Yang, a prominent former official in Southwest China known as the “beautiful governor,” has been sentenced to 13 years in prison for engaging in sexual relations with 58 subordinates and accepting nearly 60 million Yuan in bribes. Entering politics at just 22 by joining the Chinese Communist Party, Zhong quickly ascended through high-profile roles within the National People’s Congress. …

Former Guangdong official sentenced to 10 years for bribery
7 months, 3 weeks ago

Former Guangdong official sentenced to 10 years for bribery

China Daily  

On Wednesday, Li Chunsheng, former vice-chairman of the Standing Committee of the Guangdong Provincial People's Congress, was sentenced to 10 years in prison and fined 4 million yuan for bribery by the Chenzhou Intermediate People's Court in Chenzhou, Hunan province. According to the verdict, Li was found to have taken advantage of his various posts to siphon bribes valued at …

Former head of one of China’s top state-owned phone companies sentenced to 16 years for corruption
10 months, 2 weeks ago

Former head of one of China’s top state-owned phone companies sentenced to 16 years for corruption

Associated Press  

BEIJING — A Chinese court sentenced the former head of one of the country’s three major state-owned phone carriers to 16 years in prison Tuesday on charges of accepting bribes and abusing his authority, part of leader Xi Jinping’s politically-tinged anti-corruption campaign. Xi’s campaign has ensnared thousands of Chinese officials and executives of state-owned companies in a long-running crackdown on …

Former China Football Federation president is sentenced to LIFE in prison as Chen Xuyuan is convicted of bribery as part of nation's crackdown on corruption in sport
11 months, 3 weeks ago

Former China Football Federation president is sentenced to LIFE in prison as Chen Xuyuan is convicted of bribery as part of nation's crackdown on corruption in sport

Daily Mail  

The former president of China's Football Federation, Chen Xuyuan, has been sentenced to life in prison for bribery, as reported by the country's state media. Former president of China 's Football Federation, Chen Xuyuan, has been sentenced to life in prison for bribery The investigation that led to Xuyuan's conviction covered a spell of illicit activities and malpractices during his …

China hands down terms of life to 8 years for sports officials convicted of taking bribes
11 months, 3 weeks ago

China hands down terms of life to 8 years for sports officials convicted of taking bribes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

China hands down terms of life to eight years for sports officials convicted of taking bribes
11 months, 3 weeks ago

China hands down terms of life to eight years for sports officials convicted of taking bribes

The Hindu  

The former president of the Chinese Football Association has been sentenced to life in prison amid a wide-ranging crackdown on sports corruption. Chinese courts on Tuesday handed down sentences of between eight years and life in prison to officials in the Communist Party-controlled sports programs, accusing them of taking bribes and committing other financial crimes. Other high-ranking officials sentenced to …

The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption
1 year ago

The former chairman of the state-owned Bank of Beijing is being investigated for alleged corruption

Associated Press  

BEIJING — The former chairman of the state-owned Bank of Beijing is under investigation for corruption, the latest in a series of graft investigations focused on the country’s financial sector. Others who have been targeted for alleged corruption include a former Chinese central bank senior official, Sun Guofeng, who was sentenced to over 16 years in prison for accepting bribes. …

Former Bank of China chairman indicted for bribery in nation’s long-running anticorruption drive
1 year, 1 month ago

Former Bank of China chairman indicted for bribery in nation’s long-running anticorruption drive

Associated Press  

BEIJING — The former chairman of the Bank of China has been indicted on bribery charges, prosecutors said Monday, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s yearslong anticorruption drive. The Supreme People’s Procuratorate announced last month that Tang Shuangning, the former chairman of China Everbright Group, another …

China finance boss jailed for life as part of major corruption purge
1 year, 6 months ago

China finance boss jailed for life as part of major corruption purge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The former chair of China's …

China sentences 78-year-old U.S. citizen to life in prison on spying charges
1 year, 10 months ago

China sentences 78-year-old U.S. citizen to life in prison on spying charges

LA Times  

Under President Xi Jinping, China has launched multiple campaigns against what it calls foreign efforts to sabotage its rule. China sentenced a 78-year-old United States citizen to life in prison Monday on spying charges, in a case that could exacerbate the deterioration in ties between Beijing and Washington over recent years. Relations between Washington and Beijing are at their lowest …

Xi ‘firmly in charge’ as rivals fall in China anti-graft campaign
2 years, 5 months ago

Xi ‘firmly in charge’ as rivals fall in China anti-graft campaign

Al Jazeera  

Name after name, senior politician after senior politician. “For those who have speculated there is opposition to Xi’s leadership, these sentences make it clear he is firmly in charge.” Corruption not unusual in China According to Transparency International’s Corruption Perceptions Index, which ranks countries based on perceived levels of public sector corruption, China scored 45 out of 100 in 2021, …

Former top cops receive suspended death sentences from China's Xi Jinping
2 years, 6 months ago

Former top cops receive suspended death sentences from China's Xi Jinping

Firstpost  

Chinese authorities have announced a spate of high-profile sentences this week, as an anti-graft campaign kicks into high gear ahead of a political meeting next month where President Xi Jinping is expected to secure an unprecedented third term A Chinese former top security official faces life in prison after a court on Friday hit him with a suspended death sentence …

China official gets life imprisonment for corruption amid Xi Jinping's crackdown
2 years, 6 months ago

China official gets life imprisonment for corruption amid Xi Jinping's crackdown

Hindustan Times  

A Chinese court sentenced a former top security official to life in prison, completing a crackdown on the “political clique” he led just weeks before a crucial Communist Party reshuffle. Chinese President Xi Jinping at the Shanghai Cooperation Organization summit in Samarkand, Uzbekistan, Former Vice Public Security Minister Sun Lijun, 53, was given a suspended death sentence with no possibility …

Death penalty commuted to life for China’s ex-security chief
2 years, 6 months ago

Death penalty commuted to life for China’s ex-security chief

Al Jazeera  

Former deputy security minister Sun Lijun received 646 million yuan in bribes between 2001 and 2020. China’s former vice minister of public security Sun Lijun has been given a suspended death sentence after being found guilty of taking tens of millions in bribes, manipulating the stock market, and possessing weapons illegally. The former deputy security minister received 646 million yuan …

Two Former Top Chinese Security Officials Sentenced to Death with 2-year Reprieve for Graft, Abuse of Power
2 years, 6 months ago

Two Former Top Chinese Security Officials Sentenced to Death with 2-year Reprieve for Graft, Abuse of Power

News 18  

Two senior Chinese security officials, including a powerful former justice minister, were sentenced to death with a two-year reprieve for corruption and abuse of power as the anti-graft campaign of President Xi Jinping gathered new momentum ahead of the next month’s Communist Party Congress which is expected to endorse a record third term for him. Fu Zhenghua, former Justice Minister …

China condemns 2 ex-Xinjiang officials on separatism charges
3 years, 11 months ago

China condemns 2 ex-Xinjiang officials on separatism charges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Sattar Sawut and Shirzat Bawudun …

Former Chief of China's Top State Lender Lai Xiaomin Executed for Corruption Worth $276 Million & Bigamy
4 years, 1 month ago

Former Chief of China's Top State Lender Lai Xiaomin Executed for Corruption Worth $276 Million & Bigamy

News 18  

Lai Xiaomin, former chief of China's top state-owned asset management company, was executed on Friday after a court sentenced him to death for corruption involving $276 million and bigamy. The Second Municipal Intermediate People's Court of Tianjin, which sentenced him to death, earlier in its ruling said that between 2008 and 2018, Lai, former board chairman of China Huarong Asset …

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