Chinese official who hoarded cash convicted of corruption
[BEIJING] A former senior Chinese energy official found to have more than 200 million yuan (S$41.68 million) in cash at his home has been given a suspended death penalty after being found guilty of corruption, state news agency Xinhua said on Monday.
Wei Pengyuan had been deputy director of the coal department at the National Energy Administration until he was put under investigation in 2014, with officials saying at the time the cash found was the largest amount ever found in a graft case.
The court in the northern city of Baoding handed Wei a death sentence, suspended for two years, which in practice means he will spend life in jail and not be eligible for parole or early release, Xinhua said.
Wei abused his position to approve coal projects and took 212 million yuan in bribes, the report said, citing the court judgement.
"Wei Pengyuan had a vast amount of assets which obviously exceeded his legal income, and could not explain its source," Xinhua said.
It was not possible to reach relatives or legal representatives of Wei for comment.
Liu Tienan, who had been head of the energy administration, was jailed for life in 2014 after being caught up in his own bribery scandal.
President Xi Jinping has vowed to go after powerful "tigers" as well as lowly "flies" in his fight against pervasive graft. However, like others before him, he warns that the problem is so severe that it could affect the Communist Party's grip on power.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Economic leaders of South Korea, Japan, China say FX volatility is a risk
US automakers win extension on use of Chinese graphite in EV tax credits
US service sector contracts in April; price pressures up
Thaksin’s daughter calls central bank independence an ‘obstacle’
US jobs growth slows in April; jobless rate up to 3.9%
Magnitude 6.0 quake strikes Philippines, aftershocks and damage expected