A senior Chinese official has been sentenced to death for bribery.
Liu Liange, 63, was found guilty of accepting bribes and will be executed for it.
This decision was made by a Chinese court, as reported on the website of the Supreme People's Prosecutor's Office of the PRC.
In the past, the convicted person held the post of chairman of the board and secretary of the party committee of the world's largest bank, Bank of China.
The former manager's sentence will be carried out with a two-year deferment.
In addition, he was deprived of his political rights for life, and all his personal property was confiscated in favor of the state.
Bank of China is considered the oldest bank in China. This institution is one of the "Big Four" Chinese banks.
Until 1942, the Bank of China participated in the emission of money. Now the role of the Central Bank is performed by the People's Bank of China.
For reference
Bribery is the acceptance by an official of material assets for actions in the interests of the bribe giver.
Author: Dmitry Bobrov
