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China

CHINA: FORMER BANKER GETS DEATH SENTENCE WITH REPRIEVE FOR GRAFT

Wang Yi, 54, former vice president of the China Development Bank...

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Wang Yi, 54, former vice president of the China Development Bank, was sentenced to death with a two-year reprieve for taking bribes totaling 11.96 million yuan (about $1.76 million) from November 1999 to February 2008. He was also deprived of his political rights for life and had all of his personal assets confiscated, according to the Beijing No. 1 Intermediate People's Court.
SOURCES
  • (Sources: China Daily, 15/04/2010)