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LiberalArkie

(19,997 posts)
Tue Jul 7, 2026, 02:36 PM Yesterday

He 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
11 replies = new reply since forum marked as read
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He would a Medal of Honor under Trump. China sentences official to death for taking $325m in bribes (Original Post) LiberalArkie Yesterday OP
That's Some Serious Embezzlement! ProfessorGAC Yesterday #1
South Koreans do the same... LiberalArkie Yesterday #3
Yikes, Again ProfessorGAC Yesterday #5
In the U.S. the death penalty and long sentences seem to be reserved only for poor people. LiberalArkie 23 hrs ago #7
+1. Vietnamese billionaire sentenced to death for $44bn fraud dalton99a 20 hrs ago #11
White colllar criminals kill more people than alley-robbers do. orthoclad 21 hrs ago #8
No Doubt ProfessorGAC 21 hrs ago #10
Whoa dweller Yesterday #2
Well, as long as he was a Trump nut-swinger, he'd probably get a medal under Trump AZJonnie Yesterday #4
I guess it depends how treasonous you think huge financial crimes are. The Madcap Yesterday #6
I oppose death penalties, orthoclad 21 hrs ago #9

ProfessorGAC

(77,773 posts)
1. That's Some Serious Embezzlement!
Tue Jul 7, 2026, 02:40 PM
Yesterday

Nearly $11 million a year for 30 years.
Still; the death penalty? For a financial crime?
Yikes!

LiberalArkie

(19,997 posts)
7. In the U.S. the death penalty and long sentences seem to be reserved only for poor people.
Tue Jul 7, 2026, 04:34 PM
23 hrs ago

dalton99a

(96,505 posts)
11. +1. Vietnamese billionaire sentenced to death for $44bn fraud
Tue Jul 7, 2026, 07:06 PM
20 hrs ago
https://www.bbc.com/news/world-asia-68778636

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.

....

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Her death sentence was commuted to life imprisonment in 2025, after Vietnam abolished the death penalty for embezzlement


orthoclad

(5,343 posts)
8. White colllar criminals kill more people than alley-robbers do.
Tue Jul 7, 2026, 06:42 PM
21 hrs ago

They even get promoted for it, here.

ProfessorGAC

(77,773 posts)
10. No Doubt
Tue Jul 7, 2026, 06:51 PM
21 hrs ago

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.

AZJonnie

(4,270 posts)
4. Well, as long as he was a Trump nut-swinger, he'd probably get a medal under Trump
Tue Jul 7, 2026, 03:02 PM
Yesterday

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)
6. I guess it depends how treasonous you think huge financial crimes are.
Tue Jul 7, 2026, 03:21 PM
Yesterday

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)
9. I oppose death penalties,
Tue Jul 7, 2026, 06:44 PM
21 hrs ago

but China is showing the capitalist class who is boss.
Unlike here, where they become Prez.

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