The former head of a top Chinese bank has received a suspended death sentence for corruption, Xinhua News Agency reported on Tuesday. The verdict comes as part of a widespread anti-corruption crackdown by the authorities in Beijing.
Liu Liange, was sentenced to death with a two-year reprieve for accepting bribes worth an equivalent of nearly $17 million and illegally issuing loans, according to Xinhua. Liu served as chairman of the Bank of China for four years until his resignation in March 2023, several weeks before the authorities revealed that he was facing corruption charges. He was arrested in October of last year. According to Tuesday’s ruling, all of Liu’s personal property will be confiscated, and all his illegal gains must be recovered and turned over to the state treasury.
These are methods of working with corruption.
But some of these are not options for Western countries. In the West, people still believe in law and order. If corruption is suspected, the case is usually investigated in detail in the following years. If it turns out that the
If it turns out that the suspects are guilty, they are at least given the finger or even transferred to a court for criminals. There, the accused can plead guilty to working for the good of the people for a period of four or five years. After that, they might be sentenced again.
My writing has been improved by the AI of deepl.com/en/write.
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