Court says Xu Hai took more than 12 million yuan in bribes over two decades, in a case that underscores corruption risks in China’s state financial sector
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The Liupanshui Intermediate People’s Court in Guizhou on Sept. 8 sentenced former ICBC executive Xu Hai to 10 years and six months in prison for bribery. Photo: Liupanshui Intermediate People’s Court
Gu Jiangang’s severe penalty is partly driven by kickbacks tied to a private equity fund, adding to a growing list of heavy…
Court says former Chinese economic planner accepted 62.5 million yuan in bribes over two decades and cites his confession and…
Lu Wenjun, a former senior executive at major state-owned machinery groups, was fined 5 million yuan after a court found he…
Zhang Jianhua was convicted of accepting illicit payments during and after his tenure at the state defense industry regulator
Dang Junzhang denies taking nearly 8 million yuan in bribes, claiming his initial confession was made under duress
The heavy penalty underscores Beijing’s intensifying push to sever illicit ties between former officials and businesses
