Lai Xiaomin

China court sentences ex-banker to death for $260m bribes, bigamy

Written by on 5 January 2021

Beijing – The former chairman of one of China’s largest state-controlled asset management firms was sentenced to death Tuesday for soliciting $260 million in bribes, corruption and bigamy. Lai Xiaomin, a former Communist Party member, gave a detailed confession on state broadcaster CCTV in January 2020, with footage of a Beijing apartment reportedly belonging to […]

Read More