The former head of a top Chinese bank was handed a suspended death sentence for corruption on Tuesday, state media reported, the latest development in President Xi Jinping's decade-long anti-graft campaign.

A court in China's Shandong province gave former Bank of China chairman Liu Liange a suspended death sentence on Nov 26 for bribery and illegal loan issuance, state media reported. He was sentenced to death with a two-year reprieve,

Liu Liange, was sentenced to death with a two-year reprieve for accepting bribes worth an equivalent of nearly $17 million and illegally issuing loans, according to Xinhua.

China handed a suspended death sentence to former Bank of China Ltd. Chairman Liu Liange over bribery, marking heightened scrutiny over the nation’s $66 trillion financial sector.

Former Bank of China chairman Liu Liange received a death sentence with a two-year reprieve for accepting over 121 million yuan ($16.7 million) in bribes, a court in Jinan, Shandong province, announced on Tuesday.

Liu Liange, former Party chief and chairman of Bank of China, is sentenced to death with a two-year reprieve in a first-instance trial on November 26, 2024 for accepting large sum

Liu Liange was sentenced to death with a two-year reprieve for corruption and illegal issuance of loans. He was found to have accepted bribes worth over 121 million yuan (USD 16.8 million), a court in Jinan city in China's eastern Shandong Province said in its verdict.

Liu Liange former chairman of Bank of China was on Tuesday sentenced to death with a two-year reprieve for bribe-taking and illegal issuing of loans

Indian automotive giant Mahindra & Mahindra has announced the launch of its first ground-up electric sport utility vehicles or SUVs. Over in the far east, Beijing has handed a suspended death sentence to former Bank of China Ltd.

Former Bank of China chairman Liu Liange has been handed a suspended death sentence for corruption Xinhua reports Read Full Article at RTcom