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

12/10/2024

Less than a minute

2024.12.10 04:35

© Reuters. FILE PHOTO: Tang Shuangning, president of Everbright Bank, gestures during an interview in Beijing May 8, 2008. REUTERS/Grace Liang/File Photo

BEIJING (Reuters) – China Everbright (OTC:) 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.

12/10/2024

Less than a minute

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