China Sentences Ex Anti-Graft Official to Suspended Death for Bribery

A Chinese court has handed a suspended death sentence to Wang Huimin, a former senior anti-graft official at the China Securities Regulatory Commission, for accepting more than 436 million yuan (about $65 million) in bribes.

The court found that Wang took bribes in exchange for helping companies and individuals with business operations and fundraising while holding posts in Xinjiang and at the securities regulator. It said the scale of the bribes and the harm caused warranted the death penalty, but granted a two-year reprieve, citing among other things his voluntary disclosure of some facts.

Under Chinese law, a suspended death sentence is normally commuted to life imprisonment after two years. The case is the latest in a series of heavy sentences in China’s anti-corruption campaign in the financial sector.

Article Credit: https://www.occrp.org/en/news/china-sentences-ex-anti-graft-official-to-to-suspended-death-for-bribery