A Zhangzhou
Intermediate People’s Court on Friday sentenced former Vice Mayor of Shanghai
Ai Baojun to 17 years in prison for bribery and embezzlement of public
funds.
The court in
Fujian said personal assets worth 841,421 dollars which was held by has been re
confiscated.
The court
ruled that his illicit gains through bribe-taking shall be turned over to the
state treasury and those through embezzlement returned to Baosteel Group and to
the Shanghai municipal government.
He was found
to have accepted bribes worth more than 43.2 million yuan while holding a
series of offices in Shanghai between 2000 and 2014.
The court said
Ai abused his positions as vice general manager of Baosteel Group and vice
mayor of Shanghai to embezzle public assets worth more millions of dollars from
2001 to 2009.
Ai had been
given relatively lenient treatment as he cooperated with investigators,
surrendered all his illicit gains, admitted his guilt and repented.
(Source:
Xinhua/NAN)
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