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megimoo
02-11-2009, 01:21 AM
Former chairman of Chinese company sentenced to death

-- A Chinese court has handed a death sentence to Li Peiying, a former chairman of Capital Airports Holding Co., for bribery and embezzlement of more than 100 million yuan ($14.6 million), according to a state media report.

Li was given the sentence by the Jinan Intermediate People's Court in Shandong province in eastern China, after he was found guilty of seeking or accepting bribes for 26.61 million yuan while he was in office from 1995 to 2003, Xinhua reported. Li also misappropriated 82.5 million yuan from 2000 to 2003, according to the court, the report added.

http://www.marketwatch.com/news/story/former-chairman-chinese-company-sentenced/story.aspx?guid={A59640B5-94D6-428E-9C88-21E2CC31ED11}&siteid=rss

AHeneen
02-11-2009, 02:12 AM
If only we could execute embezzlers here in the US...I think we'd have a much more well behaved corporate and political world. :rolleyes:

FlaGator
02-11-2009, 08:58 AM
Former chairman of Chinese company sentenced to death

-- A Chinese court has handed a death sentence to Li Peiying, a former chairman of Capital Airports Holding Co., for bribery and embezzlement of more than 100 million yuan ($14.6 million), according to a state media report.

Li was given the sentence by the Jinan Intermediate People's Court in Shandong province in eastern China, after he was found guilty of seeking or accepting bribes for 26.61 million yuan while he was in office from 1995 to 2003, Xinhua reported. Li also misappropriated 82.5 million yuan from 2000 to 2003, according to the court, the report added.

http://www.marketwatch.com/news/story/former-chairman-chinese-company-sentenced/story.aspx?guid={A59640B5-94D6-428E-9C88-21E2CC31ED11}&siteid=rss

There are many on DU who feel we should do the same... for even lesser offenses like CEO's who breath oxygen. :D

tacitus
02-11-2009, 10:55 AM
If only we could execute embezzlers here in the US...I think we'd have a much more well behaved corporate and political world. :rolleyes:

Start in CONgress.