16
Apr
08:17
China jails former Liugang chairman for 20 years
On 11 April Liang Jingli, the former chairman of Liuzhou Iron & Steel, was officially sentenced to 20 years in jail and ordered to pay a CNY 850,000 ($135,190) penalty by the Guangxi Nanning Intermediate People's Court, according to Legal Daily.
Liang was convicted of the crimes of misappropriating public funds, bribery and corruption, intentionally ruining accounting receipts and accounting books over 2006 to 2013. These are said to have happened d…
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