A Chinese court has sentenced Hu Huaibang, the former chairman of China Development Bank (CDB), to life in prison on bribery-related crimes. He is the second high-profile financial executive to be sentenced this week. The Intermediate People’s Court of Chengde city, in China’s Hebei Province, handed down the sentence on Jan. 7. Hu’s personal property…
Former Chairman of China Development Bank Sentenced to Life in Prison for Graft
January 7, 2021
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BusinessChinaChina anti-corruption campaignChina Business & EconomyChina Development BankChinese banksChinese RegimeCompaniesHu Huaibang
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