Chinese former bank chief given life in prison for bribery

Beijing (AFP) Nov 10, 2023

China on Friday sentenced the former president of one of its biggest state-owned banks to life in prison for bribery, state media reported, as a campaign against corruption sweeps through the country’s financial sector.

Sun Deshun, the onetime chief of China Citic Bank, was ruled by a court in eastern Shandong province to have illegally received property valued at 980 million yuan ($134 mill
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