China Everbright Group former chairman jailed 12 years for corruption, bribery
Dec 09, 2024

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

BEIJING (Reuters) - China Everbright (OTC: CHFFF ) 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.