three executives of the state-owned Yunnan Copper Group, China's third-largest copper producer, were sentenced in a bribery case
three executives of the state-owned Yunnan Copper Group, China's third-largest copper producer, were sentenced in a bribery case
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three executives of the state-owned Yunnan Copper Group, China's third-largest copper producer, were sentenced in a bribery case, with one receiving the death penalty. Yu Weiping, who was group vice board chairman and executive of various subsidiaries between 2000 and 2007, took bribes of about US$4.26 million and embezzled about 41.25 million yuan (about US$6 million) in payment for goods, said the Intermediate People's Court of Kunming, southwestern Yunnan Province. Yu also misappropriated 26.6 million yuan and lent the money to others, the court said. The money has been recovered. The court imposed a death sentence on Yu after the first trial. Zou Shaolu was jailed for life and Wang Jianwei was given 20 years in prison.
— SOURCES
- (Sources: Chinaview.cn, 29/12/2008)
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