A court in China on Friday (April 28 2017) jailed a former chairman of Baoshan Iron and Steel, who went on to become vice mayor of Shanghai, to 17 years for bribery and graft, a state broadcaster reported.
Ai Baojun had used his positions to amass more than 40 million yuan ($5.8 million) in assets from 2000 to 2014, a court in the southern city of Zhangzhou ruled, according to China Central Television (CCTV).
Ai is the most senior official from China’s financial hub to be sentenced in the corruption campaign. He could not be reached for comment.
This article has been summarised, the full original article can be found at reuters.com
May 01, 2017 at 06:54PM
from Dawn Ng
No comments:
Post a Comment