As reported today in the Suzhou evening news:
Former President Shen Changfu of China Mobile Telecom Chongjing Co, Ltd was sentenced to death on charges of taking bribes of over 36 million RMB. (Around $6 million U.S.D)
On 17Nov, 2011 his son Shen Juncheng was sentenced to ten years in prison for taking bribes valued at 13 million RMB ($2M USD) In this case, the son was using his father's connections to support getting new contracts for companies. He was then paid dividends by the companies.
The mentally challenged Thomas Fried-man hardest hit.
1 comment:
I would hesitate to feel too good about this. Chinese Justice has about the same relationship to Justice, as Military Music has to Music. Quite a high probability here that this poor shlub tried to get a bribe from the wrong person, or simply has money that the State wants. (See Oil Companies, Russia)
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