China court sentences ex-banker to death for $260m bribes, bigamy

Lai Xiaomin gave a detailed televised confession on state broadcaster CCTV last January, which showed footage of safes and cabinets stuffed with cash in a Beijing apartment allegedly belonging to him.

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China court sentences ex-banker to death for $260m bribes, bigamy

By NewVision Reporter

Journalists @NewVision

#China #Crime #Corruption #Lai Xiaomin

The former chairman of one of China's largest state-controlled asset management firms was sentenced to death Tuesday, January 5 for soliciting $260 million in bribes, corruption, and also bigamy.

Lai Xiaomin,

China court sentences ex-banker to death for $260m bribes, bigamy

Lai Xiaomin gave a detailed televised confession on state broadcaster CCTV last January, which showed footage of safes and cabinets stuffed with cash in a Beijing apartment allegedly belonging to him.

China court sentences ex-banker to death for $260m bribes, bigamy

By NewVision Reporter

Journalists @NewVision

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