A former chairman of one of China’s four largest state-owned bad-debt managers, Lai Xiaomin, was sentenced to death for bribery on Tuesday by a court in North China’s Tianjin municipality, according to a court statement (link in Chinese).
Disgraced Financial Big Shot Sentenced to Death for Bribery
2021年01月05日 19:35
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财新网
Lai Xiaomin, the former chairman of Huarong, one of China’s four largest state-owned bad-debt managers, was convicted of accepting $277 million in bribes
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- Lai Xiaomin, the former chairman of Huarong, one of China’s four largest state-owned bad-debt managers, was convicted of accepting $277 million in bribes. Photo: The Second Intermediate People's Court of Tianjin
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