Former chairman of China Huarong Asset Management executed for graft
CGTN, 30 Jan 2021
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Lai Xiaomin, former board chairman of one of China's top state-owned asset management firms, was executed on January 29 for taking a staggering sum in bribes, authorities said. Lai, who accepted bribes of over 1.79 billion yuan ($277 million), was executed following a sentence by the Second Municipal Intermediate People's Court of Tianjin, approved by the country's top court.
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https://www.cgtn.com/video
Lai Xiaomin, former board chairman of one of China's top state-owned asset management firms, was executed on January 29 for taking a staggering sum in bribes, authorities said. Lai, who accepted bribes of over 1.79 billion yuan ($277 million), was executed following a sentence by the Second Municipal Intermediate People's Court of Tianjin, approved by the country's top court.
Subscribe to us on YouTube: https://goo.gl/lP12gA
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