Global EditionASIA 中文雙語(yǔ)Fran?ais
China
Home / China / National affairs

Former bank chairman jailed 15 years, fined for bribery

By CUI JIA | chinadaily.com.cn | Updated: 2025-03-18 20:40
Share
Share - WeChat

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 of the China Merchants Group and chairman of the China Everbright Group, to seek profits for many departments and individuals in various matters such as mortgage financing, project contracting and work promotion, and accepted bribes worth more than 60.43 million yuan ($8.48 million) in return, the Daqing Intermediate People's Court said in a statement.

The court believes that Li's actions constitute the crime of bribery, with an especially large amount, and should be punished according to law. Upon being apprehended, Li confessed his own crimes and voluntarily disclosed most of the bribery crimes that the investigating authorities had not yet uncovered. He also admitted guilt, expressed remorse, actively returned the illicit gains, and all proceeds and properties obtained through bribery have been fully recovered. As a result, Li was given a lenient punishment in accordance with the law. In addition, he was also fined 6 million yuan, the court said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
精品无码久久久久久尤物,99视频这有这里有精品,国产UU精品无码视频,女同精品一区二区网站