Fan Yifei, a former vice governor of the People's Bank of China, was tried on Thursday at a court in Huanggang, central China's Hubei Province, on charges of taking bribes worth over 386 million yuan (about 54.35 million U.S. dollars). According to the prosecutors, Fan took advantage of his various positions, including vice governor of the central bank, vice president of China Investment Corporation, and vice president of China Construction Bank, to benefit organizations and individuals regarding loans, financing, project contracting, and job transfer between 1993 and 2022. The prosecutors, the defendant, and his lawyers cross-examined the evidence and gave their respective accounts, according to a court statement. In his final statement, Fan pleaded guilty and expressed remorse. The trial was attended by more than 40 people, including lawmakers, political advisors, and members of the public. The verdict will be announced in due course. |
Megan Fox showcases her curves in all black as she and Machine Gun Kelly bring their gothBMW to further invest $2.8 bln in NE China production baseMike Trout is healthy and producing. That hasn't been enough for the Shohei OhtaniStrictly Come Dancing's Ellie Leach 'takes swipe at exChina issues plan to support creation of online literature, drama seriesRenowned musicians Friendship Trio wow audiences in ShanghaiMegan Fox showcases her curves in all black as she and Machine Gun Kelly bring their gothWoman dies, 2 others hospitalized after mass drug overdose in Australia's QueenslandBayer Leverkusen's late escapes are keeping Xabi Alonso's team unbeaten this seasonBayer Leverkusen's late escapes are keeping Xabi Alonso's team unbeaten this season