Loading...
Loading...
Browse all stories on DeepNewz
VisitChina Executes Former Inner Mongolia Official in Record $421 Million Corruption Case
Dec 17, 2024, 07:23 AM
China on Tuesday executed Li Jianping, a former official in the north Inner Mongolia Autonomous Region, after convicting him of corruption, bribery, misappropriation of public funds, and collusion with a criminal syndicate. Li, who was the former secretary of the ruling Communist Party working committee of the Hohhot economic and technological development zone, was found guilty of embezzling a staggering three billion yuan (over $421 million) in illegal gains, marking the largest sum involved in a single corruption case in China's history. The death sentence was initially issued in September 2022 and upheld on appeal in August 2024. The execution followed the approval of the Supreme People's Court and was carried out by a court in Inner Mongolia.
View original story
Markets
No • 50%
Yes • 50%
Official announcements from the Chinese government or credible news outlets
Yes • 50%
No • 50%
Chinese government announcements or credible international news sources
No • 50%
Yes • 50%
Official announcements from China's Supreme People's Court or credible news sources
11-15 cases • 25%
More than 15 cases • 25%
0-5 cases • 25%
6-10 cases • 25%
Official Chinese government reports or international news agencies
No impact • 25%
Positive impact • 25%
Mixed impact • 25%
Negative impact • 25%
Reports from economic analysts or surveys conducted by international financial institutions
Mixed • 25%
Supportive • 25%
Opposed • 25%
Indifferent • 25%
Surveys or reports from credible news agencies or research organizations