The former head of a Chinese state-owned asset management company was executed Friday on charges of taking bribes in an unusually severe penalty for a recent corruption case.
Lai “endangered national financial security and financial stability,” said a commentary on the state TV website.Most death sentences imposed by Chinese courts are suspended for two years and usually are commuted to life. Death penalties without the chance of a reprieve are rare.Huarong is one of four entities created in the 1990s to buy nonperforming loans from government-owned banks. They expanded into banking, insurance, real estate finance and other fields.
Wall Street reform.
⬅️ And due to his well-visible disease, the patient is able to deceive himself. Russia is not China. It has nothing to compete with the United States. Because corruption and bribery can only build a shaky shack, which is ranked in the second hundred countries in the world.
If America was a communist country, what do you think would have happened to the people that stormed the capital?
Corruption is inherent in human beings ... the difference between some countries is the controls and punishment ...
I've always been torn on something like this but if we hold our politicians/government reps to high standards shit like this would prevent folks to perform an insurrection like Trump did. Trump would be executed if he was in China.
And putin seized a banker's home. They like to one up us whenever they can.
La corrupción es inherente al ser humano... la diferencia entre algunos países son los controles y el castigo...
Really doubt how effective it’ll discipline the greedy officials even with death penalty, but certainly it’s a good PR effort for the communist to please the public
Wow😱
Soon to be the USA...
Wow
See where scientists were headed under Trump?
China doesn't play
If these people know how much has gotten missing in Nigeria ehnnnn..
Without bribes how would US Senators amass massive wealth?
The ‘World’s Oldest Continuous Civilization’ still seems to do some things like it’s 2000 BC. 😐
Not saying I agree, but you'd probably only have to do it once or twice to whip people into shape...
I know it's annoying for people to promote but I'm running out of time to raise money for my cancer treatment. I have 100+ tumors in my liver leaving me with less than 10% my cancer has spread to my bones but my family cant afford treatment. PLZ DONATE‼️‼️