🚨 BREAKING: CHINA Sentences Top Politician to DEATH for Corruption!
In a shocking anti-corruption crackdown, China has sentenced Li Jinzhu, a former senior lawmaker in Shaanxi Province, to death (with a 2-year reprieve) for accepting over $59 MILLION in bribes!
Here’s what went down:
🧑💼 Li held powerful positions from 2004 to 2023 — including mayor, vice-governor, and top legislator.
💰 Used his influence to rig deals, win contracts, and promote allies.
🏦 Bribes accepted: ¥431 million (~$59M)
⚖️ Verdict: Death sentence with full asset seizure
And he's not alone:
🔻 Fan Yifei (ex–central bank deputy): Suspended death sentence — $54M in bribes
🔻 Zhao Weiguo (ex–chip giant boss): Suspended death sentence — $65M in corruption
🔻 Liu Liange (ex–Bank of China chairman): Suspended death sentence — $16.7M in bribes
China is not playing when it comes to corruption!
This crackdown shows how serious the government is about cleaning up high-level finance and politics.
Could this impact investor confidence or signal a tighter grip on state-run industries?
Your thoughts?