China | Former Senior Securities Regulator Sentenced to Life in Prison for Bribery | CUAC

Civil Union - Follow-ups A Chinese court has sentenced Wang Jianjun, former deputy chairman of the China Securities Regulatory Commission, to life imprisonment after finding him guilty of accepting bribes worth more than 93 million yuan (approximately $13.86 million). According to the ruling, Wang accepted bribes between 2005 and 2019 in exchange for using his influence to facilitate company listings, secure financing, and obtain commercial contracts. The court said Wang confessed to the crimes and expressed remorse. Authorities also confiscated the money and assets linked to the bribery offenses. Source: Reuters