Chinese Court Gives Former Financial Regulator Official a Suspended Death Sentence over US$65 Million in Bribes
On Tuesday, October 27, a Chinese court sentenced a former senior official at the country’s securities regulator to death with a two-year reprieve for bribery, as Beijing continued its sweeping anti-corruption campaign. Wang Huimin, who served as a member of the Communist Party committee of the China Securities Regulatory Commission (CSRC) from 2014 to 2019, was found to have accepted bribes totalling more than 436 million yuan, approximately US$65 million.
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On Tuesday, October 27, a Chinese court sentenced a former senior official at the country’s securities regulator to death with a two-year reprieve for bribery, as Beijing continued its sweeping anti-corruption campaign.
Wang Huimin, who served as a member of the Communist Party committee of the China Securities Regulatory Commission (CSRC) from 2014 to 2019, was found to have accepted bribes totalling more than 436 million yuan, approximately US$65 million.
The court’s judgment said the exceptionally large amount of bribes and the severe harm caused to the interests of the state and the people warranted the death penalty. Text: Rithy
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