A court in Shenzhen has imposed consumption restrictions on Gree's Executive Wang Ziru due to his failure to meet payment obligations. Earlier this year, Wang was ordered to pay a fine of CNY 33.8 million (approximately USD 4.7 million) and had 1.5 million shares in a car beauty firm frozen. In a separate case, Li Zaiyong, the former vice chairman of the Guizhou Provincial Committee of the Chinese People's Political Consultative Conference, was sentenced to death with a two-year reprieve for abuse of power and accepting bribes totaling over CNY 432 million (around USD 60.44 million). Additionally, former Guizhou Party Secretary Sun Zhigang is facing prosecution for allegedly accepting bribes exceeding CNY 813 million (about USD 113 million). Sun stood trial in Tianjin and admitted guilt regarding the bribery charges.
Sun Zhigang, former party chief of SW China's Guizhou Province and a deputy head of the Financial and Economic Affairs Committee of the National People's Congress, stood trial at the No. 2 Intermediate People's Court of Tianjin in north China on Wednesday. Sun was indicted for… https://t.co/n9nF9inby2
The former Party Secretary of #Guizhou Province, #SunZhigang, stood trial in Tianjin for bribery charges on Wednesday. He was accused of illegally accepting over 813 million yuan(US$113,847 million) in bribes. Sun, born in May 1954 in Xingyang, Henan Province, admitted guilt in… https://t.co/RPRQDOqIHf
On Wednesday, procuratorial authorities have requested that Sun Zhigang, the former Party chief of southwest China's Guizhou Province, be prosecuted for accepting bribes of more than 813 million yuan($113 million), seeking criminal liability for his actions, according to media… https://t.co/gBYIMH9x4r