Several high-profile Chinese finance and banking officials have been sentenced to prison for corruption and bribery. Zhao Dong, the founder of RenrenBit and a small shareholder of Bitfinex, received a 7-year sentence for illegal business operations and illegal foreign exchange trading. Shanghai’s former chief prosecutor was sentenced to 13 years for taking close to 50M yuan in bribes. Gan Rongkun, a former member of the CPC Henan Provincial Committee, received a life imprisonment for accepting bribes worth over 166 million yuan. Sun Guofeng, a former head of the PBOC’s monetary policy department, was sentenced to 16 years and six months in prison for corruption, while Cai Esheng, a retired vice chairman of the now-defunct banking watchdog, was sentenced to death with a two-year reprieve for accepting bribes and abusing power.
Cai Esheng, former vice chairman of the former #China Banking Regulatory Commission, was sentenced to death with a two-year reprieve on Friday for accepting #bribes and abusing power. https://t.co/eWPBo7l3NV https://t.co/tROOp79VUM
Another Chinese finance veteran has been jailed for corruption. Cai Esheng, a retired vice chairman of the now-defunct banking watchdog, was convicted by a court this week of accepting $80 million of bribes and abusing his power. https://t.co/zcMdM1ExJ9
Former China central bank official jailed for 16 years for graft - Caixin https://t.co/z6rda6nGXq https://t.co/AY8MXHb9Ec
"A former sr #PBoC official was sentenced to >16yrs in prison for taking bribes & leaking state secrets...Sun Guofeng, former head of the PBOC’s monetary policy dept, leaked policy info in exchange for $3 million in bribes bt 2002-20" https://t.co/nYeU4BDDoU
⚠️ FORMER CHINA CENTRAL BANK OFFICIAL JAILED FOR 16 YEARS FOR GRAFT - CAIXIN A former Chinese central bank official has been sentenced to 16 years and six months in prison for taking bribes, leaking state secrets and insider trading as the ruling Communist Party tightens its… https://t.co/iBDLwqN6Y7
Sun Guofeng, a former head of the PBOC’s monetary policy department, has been sentenced to 16 years and six months in prison for corruption, the country’s anti-graft agency said. https://t.co/AZL9hTRkbk
A former senior official at the People’s Bank of China has been sentenced to more than 16 years in prison for taking bribes and leaking state secrets, Caixin reports https://t.co/npHbwCIWnS
Gan Rongkun, a former member of the Standing Committee of the CPC Henan Provincial Committee and former secretary of the political and legal affairs commission of the provincial Party committee, was sentenced to life imprisonment for accepting bribes worth over 166 million yuan… https://t.co/xPbc5aY3PJ https://t.co/V9Ug6HsbMu
China's Supreme Procuratorate disclosed the details of the team of China's crypto OTC king Zhao Dong. Zhao Dong was sentenced to 7 years for illegal business operations and illegal foreign exchange trading. He is the founder of RenrenBit and a small shareholder of Bitfinex.…
"Shanghai’s former chief prosecutor has been sentenced to 13 yrs in prison for taking close to 50M yuan in bribes over 16 yrs, a court statement showed" https://t.co/NRppUAvCpF