China Ex£cutes Former State Official for $421 Million Fraud

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China Ex£cutes Former State Official for $421 Million Fraud | Daily Report Nigeria

China has reaffirmed it’s loath for corruption, as a former official is sentenced to death for embezzlement of funds.

According to reports from Indian Express, the accused, a 64-year-old former official Instagram the north Inner Mongolia Autonomous Region was found guilty of embezzlement of funds, and was sentenced on Tuesday, December 1, 2024.

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Li Jianping was said to have been involved in the country’s largest corruption, tuning to the sum of more than three billion yuan, which worth over $421 million.

It was gathered that his death sentence had already been issued oin September 2022, but he upheld an appeal, which was heard in August 2024.

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Tuesday’s execution followed the approval of the Supreme People’s Court and was carried out by a court in Inner Mongolia, according to a report by the state-run Xinhua news agency.

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