China Sentences Former Finance Chief To Death For Receiving $277m Bribe

LAGOS JANUARY 5TH (NEWSRANGERS)-China condemned the former chairman of China Huarong Asset Management Co. to death on charges of malfeasance, one of the most severe sentences to stem from President Xi Jinping’s anti-corruption drive. Lai Xiaomin, who was chairman of Huarong before he came under investigation in 2018, was sentenced to death for taking bribes…

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