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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHe would a Medal of Honor under Trump. China sentences official to death for taking $325m in bribes
.webp
A court in eastern China has sentenced a former city official to death for taking more than 2.2bn yuan ($325m; £243m) in bribes over 30 years.
Yang Youlin, who served in various positions in Nanjing city from 1993 to 2023, was also convicted of embezzlement, abuse of power and money laundering, with his ill-gotten gains amounting to one of the highest in recent years.
The 69-year-old exploited his roles to help others secure engineering contracts, land transfers and financing, in exchange for money and valuables, said state media.
Yang was investigated as part of President Xi Jinping's anti-corruption crackdown which has cut through military ranks and high-level banking, among other sectors.
snip
https://www.bbc.com/news/articles/c33y0n1v1xjo
ProfessorGAC
(77,773 posts)Nearly $11 million a year for 30 years.
Still; the death penalty? For a financial crime?
Yikes!
LiberalArkie
(19,997 posts)ProfessorGAC
(77,773 posts)Since I'm opposed to the DP, I can't behind this, even in clear cut cases.
LiberalArkie
(19,997 posts)dalton99a
(96,505 posts)Vietnamese billionaire sentenced to death for $44bn fraud
11 April 2024
It was the most spectacular trial ever held in Vietnam, befitting one of the greatest bank frauds the world has ever seen.
Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday for looting one of the country's largest banks over a period of 11 years.
It's a rare verdict - she is one of very few women in Vietnam to be sentenced to death for a white collar crime.
The decision is a reflection of the dizzying scale of the fraud. Truong My Lan was convicted of taking out $44bn (£35bn) in loans from the Saigon Commercial Bank. The verdict requires her to return $27bn, a sum prosecutors said may never be recovered. Some believe the death penalty is the court's way of trying to encourage her to return some of the missing billions.
The habitually secretive communist authorities were uncharacteristically forthright about this case, going into minute detail for the media. They said 2,700 people were summoned to testify, while 10 state prosecutors and around 200 lawyers were involved.
The evidence was in 104 boxes weighing a total of six tonnes. Eighty-five others were tried with Truong My Lan, who denied the charges and can appeal.
....
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Her death sentence was commuted to life imprisonment in 2025, after Vietnam abolished the death penalty for embezzlement
orthoclad
(5,343 posts)They even get promoted for it, here.
ProfessorGAC
(77,773 posts)I'd guess a guy who embezzled over $300 million is responsible for some suffering in others, perhaps including death.
I'd say the Sacklers fit your description very well, too.
dweller
(29,037 posts)Those communists really mean business
🤔
✌🏻
AZJonnie
(4,270 posts)Chinese courts should rarely be held up as paragons of jurisprudence, but I suppose it's good to see that in SOME countries at least, corruption by gov't officials is taken seriously. However, DEATH is a little extreme. And it's not unthinkable that this person failed in some way to kiss Xi's (and the CCC's) ass thoroughly enough, leading to an example being made of him. The same scenario that could play out under IQ47's misrule as well, IOW
The Madcap
(2,234 posts)If you equate them with betraying your country and its people, I can see where such a sentence could be arrived at, as harsh as it is.
I wish our punishments for such crimes were way more severe than they are currently. Decades in prison plus full restitution should be just the starting point.
orthoclad
(5,343 posts)but China is showing the capitalist class who is boss.
Unlike here, where they become Prez.