Former Chinese bank official stands trial for bribery
Time:2024-05-08 17:14:27 Source:styleViews(143)
Fan Yifei, a former vice governor of the People's Bank of China, was tried on Thursday at a court in Huanggang, central China's Hubei Province, on charges of taking bribes worth over 386 million yuan (about 54.35 million U.S. dollars).
According to the prosecutors, Fan took advantage of his various positions, including vice governor of the central bank, vice president of China Investment Corporation, and vice president of China Construction Bank, to benefit organizations and individuals regarding loans, financing, project contracting, and job transfer between 1993 and 2022.
The prosecutors, the defendant, and his lawyers cross-examined the evidence and gave their respective accounts, according to a court statement.
In his final statement, Fan pleaded guilty and expressed remorse.
The trial was attended by more than 40 people, including lawmakers, political advisors, and members of the public.
The verdict will be announced in due course.
Previous:Inside the Met Gala: A fairytale forest, woodland creatures, and some starstruck first
Next:Iran and the UN nuclear agency are still discussing how to implement a 2023 deal on inspections
You may also like
- Maria Sharapova wows in neon tennis
- Democrats Daniels and Figures stress experience ahead of next week's congressional runoff
- Speaker Johnson to meet with Trump, offers Marjorie Taylor Greene advisory role as own job teeters
- Trump says Arizona's abortion ban goes 'too far'
- Promotion of intangible cultural heritage to enhance tourism
- What to expect in Alabama's congressional primary runoffs
- Democratic donors paid more than $1M for Biden's legal bills for special counsel probe
- Los Angeles County's troubled juvenile halls get reprieve, can remain open after improvements
- Hollywood nepo babies Willow and Jaden Smith play it cool in edgy outfits at 2024 Met Gala