Former Chinese bank official stands trial for bribery
Fan Yifei, a former vice governor of the People's Bank of China, was tried on Thursday at a court in Huanggang, central China's Hubei Province, on charges of taking bribes worth over 386 million yuan (about 54.35 million U.S. dollars).
According to the prosecutors, Fan took advantage of his various positions, including vice governor of the central bank, vice president of China Investment Corporation, and vice president of China Construction Bank, to benefit organizations and individuals regarding loans, financing, project contracting, and job transfer between 1993 and 2022.
The prosecutors, the defendant, and his lawyers cross-examined the evidence and gave their respective accounts, according to a court statement.
In his final statement, Fan pleaded guilty and expressed remorse.
The trial was attended by more than 40 people, including lawmakers, political advisors, and members of the public.
The verdict will be announced in due course.
Related articles
MLB warns teams against encouraging players to withdraw from high schools to avoid amateur draft
CHICAGO (AP) — Major League Baseball has warned its teams against encouraging players to withdraw fr2024-05-08- China and Russia withstood many tests together in the past, and their relations embrace new developm2024-05-08
Xi's visit before Spring Festival touches hearts
Visit: President's high regard for people's livelihoods hailedAs the Chinese people prepare for fami2024-05-08China's top diplomat to attend Munich Security Conference, visit Spain and France
(ECNS) -- China's top diplomat Wang Yi will attend the 60th Munich Security Conference and visit Spa2024-05-08Adrien Brody debuts new blonde hair as he and glamorous girlfriend Georgina Chapman arrive to star
Adrien Brody and Georgina Chapman made a glamorous pair as they arrived to the star-studded 2024 Met2024-05-08- Chinese President Xi Jinping on Thursday extended congratulations to Ilham Aliyev on his re-election2024-05-08
atest comment