Former senior China Development Bank official Yao Zhongmin jailed for 14 years for graft

August 05, 2017 7:59 PM

SHANGHAI (REUTERS) – China’s anti-graft watchdog said on Saturday (Aug 5) that the former head of the supervisory board at China Development Bank, the country’s largest policy lender, has been jailed for 14 years and fined 3.5 million yuan (S$706,000) for receiving bribes.

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