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China jails ex-boss of state-owned banking giant for bribery

Summary by Macau Business

China on Tuesday jailed the former boss of state-owned banking giant Everbright Group for bribery, state media said, the latest official to fall foul of President Xi Jinping’s decade-long corruption crackdown. Authorities announced the investigation into Li Xiaopeng, the company’s former Communist Party secretary and chairman, two years ago and brought him to trial in October. State broadcaster CCTV reported that a court in northeastern Heilongj…

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China jails ex-boss of state-owned banking giant for bribery

China on Tuesday jailed the former boss of state-owned banking giant Everbright Group for bribery, state media said, the latest official to fall foul of President Xi Jinping’s decade-long corruption crackdown. Authorities announced the investigation into Li Xiaopeng, the company’s former Communist Party secretary and chairman, two years ago and brought him to trial in October. State broadcaster CCTV reported that a court in northeastern Heilongj…

19 days ago

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Macau Business broke the news in 19 days ago on Tuesday, March 18, 2025.

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