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China-Japan-Koreas
China executes ex-banker Lai Xiaomin in corruption, bigamy case
2021-01-30
[France24] China on Friday executed a former top banker accused of taking $260 million worth of bribes, other forms of corruption and bigamy, state broadcaster CCTV reported.

Lai Xiaomin, the former chairman of Huarong -- one of China's largest state-controlled asset management firms -- was put to death by a court in the northern city of Tianjin, CCTV said.

"The amount of bribes received by Lai Xiaomin was extremely large, the crime's circumstances were particularly serious and the social impact was particularly severe," CCTV quoted the Chinese Supreme People's Court, which reviewed and approved the execution order, as saying.

The report did not specify how Lai was executed, but said he was allowed to meet with close relatives before his death.

Chinese courts have a conviction rate of over 99 percent, and it is extremely rare for a death sentence to be overturned. The number of executions carried out annually is considered a state secret.

Rights group Amnesty International estimates the country is the top executioner globally, with thousands executed and sentenced to death each year.

Lai was convicted and sentenced earlier this month. The Tianjin court ruled that he had shown "extreme malicious intent" and abused his position to obtain the vast sum.
Posted by:Besoeker

#7  Off the pile (factcheck fail, BIDU being out of that bidness, iirc)...

Confucius say, "Biden ask, 'Why do
You Chinese all call me "Joe Baidu?"'
Xi say, 'We place order
From over your border,
And then you fulfill it... or try to.'"
Posted by: Cheter de Medici3420   2021-01-30 19:53  

#6  I'm pretty sure the "instructions" go the other way.

Snark of the day
Posted by: g(r)omgoru   2021-01-30 14:52  

#5  Did Plugs instruct the Chinese to...."fire the SOB?"

I'm pretty sure the "instructions" go the other way.
Posted by: Abu Uluque   2021-01-30 14:00  

#4  Compared Xi to Winnie?
Posted by: Frank G   2021-01-30 11:24  

#3  Wonder what he really did.....
Posted by: Mercutio   2021-01-30 08:14  

#2  
Just think if the USA had the PRC's court sentencing reg's...

A person could only wonder how many US Politicians, Social Media CEO's and etc.. that are in $$$bed$$$ with the PRC, would be buried by them. Once the PRC no longer has need of them.
Posted by: NN2N1   2021-01-30 05:15  

#1  Certainly is one method of culling the privileged oligarchy. Was he a friend or business associate of Hunter Biden by chance? Did Plugs instruct the Chinese to...."fire the SOB?"
Posted by: Besoeker   2021-01-30 02:05  

00:00