Home GRASP GRASP/Japan Former senior China Development Bank official Yao Zhongmin jailed for 14 years...

Former senior China Development Bank official Yao Zhongmin jailed for 14 years for graft

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SHANGHAI (REUTERS) – China’s anti-graft watchdog said on Saturday (Aug 5) that the former head of the supervisory board at China Development Bank, the country’s largest policy lender, has been jailed for 14 years and fined 3.5 million yuan (S$706,000) for receiving bribes..
SHANGHAI (REUTERS) – China’s anti-graft watchdog said on Saturday (Aug 5) that the former head of the supervisory board at China Development Bank, the country’s largest policy lender, has been jailed for 14 years and fined 3.5 million yuan (S$706,000) for receiving bribes.
The Central Commission for Discipline Inspection (CCDI) said in a statement on its website that Yao Zhongmin accepted bribes amounting to 36.

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