China probes top exec at state investment firm for corruption
Beijing - A top executive at a major Chinese state-backed investment company is under investigation for corruption the governments anti-corruption
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Beijing - A top executive at a major Chinese state-backed investment company is under investigation for corruption the governments anti-corruption
A Tianjin court said Bai Tianhui made "great contributions" to other investigations but wouldn't receive a lighter sentence.
Former manager Bai Tianhui is the second China Huarong official to receive the ultimate penalty, after his former boss was executed in 2021.
Former banker sentenced to death for accepting bribes at China Huarong International Holdings amid President Xi Jinping's anti-corruption drive.
The court found that the former senior banker took advantage of his position to aid others in the acquisitions and financing of projects in exchange for huge sums.