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Entries in Yi Yi Xingling (1)

Friday
Dec062013

China Corruption Blotter (December 6, 2013)

Liu Bokun, former chairman of Xinjiang Shenhua Mining Co. Ltd., was sentenced to 20 years in prison for embezzling $1.1 million, misappropriating $4.5 million in public funds and accepting bribes worth $249,278. Liu gave out personal loans using the misappropriated public funds and handed out illegal mining permits to private investors in exchange for bribes. He pled guilty to the charges but has appealed his conviction to higher court. http://www.jcrb.com

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