Home Investing China Everbright Group former chairman jailed 12 years for corruption, bribery

China Everbright Group former chairman jailed 12 years for corruption, bribery

by
0 comment

BEIJING (Reuters) – China Everbright (OTC:CHFFF) Group’s former chairman Tang Shuangning was sentenced to 12 years in prison for corruption, bribery, and abusing his position for personal gains, state broadcaster CCTV said on Tuesday.

Tang was arrested on suspicion of taking bribes in January, in an intensified campaign aimed at weeding out corrupt officials in the financial sector.

This post appeared first on investing.com

You Might Also Like
  • Treasury Secretary role, Bitcoin, European woes – what’s moving markets
  • Australia PM Albanese says relationship with Trump off to ‘very good’ start
  • Euro zone business activity contracts in November
  • Canadian banks to show mixed Q4 earnings as mortgage renewals, rate cuts loom

You may also like