Chinese court jails former Chinalco president for 16 years for graft
Published Tue, Dec 27, 2016 · 10:04 AM
[BEIJING] A Chinese court has jailed Sun Zhaoxue, the former president of state-owned metals producer Aluminum Corporation of China (Chinalco), for 16 years for graft, the court said on Tuesday.
Sun resigned in 2014 after the government started investigating him for suspected corruption. He had also stepped down as chairman of Chinalco's listed unit Chalco .
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
JPMorgan says India index inclusion on track, clients ready
Japan’s consumer spending extends declines as outlook weakens
World Bank sees economies reducing dependence on Russia for energy, on China for supply chains
Measuring the Trump vote: a years-long headache for US pollsters
European firms souring on China, lobby group warns
US lawmakers unveil bill to make it easier to restrict exports of AI models