Hu Huaibang pleaded guilty to taking advantage of his positions to illegally receive money and goods. Photo: WeiboHu Huaibang pleaded guilty to taking advantage of his positions to illegally receive money and goods. Photo: Weibo
Hu Huaibang pleaded guilty to taking advantage of his positions to illegally receive money and goods. Photo: Weibo

Former top banker in China pleads guilty to US$12 million corruption after being caught in Xi Jinping’s sweep

  • Hu Huaibang, former party secretary and chairman of the China Development Bank, used status and resources to receive millions illegally over 10 years
  • More than 1 million officials have been punished in President Xi’s crackdown on corruption
Topic |   Xi Jinping's anti-corruption campaign
Hu Huaibang pleaded guilty to taking advantage of his positions to illegally receive money and goods. Photo: WeiboHu Huaibang pleaded guilty to taking advantage of his positions to illegally receive money and goods. Photo: Weibo
Hu Huaibang pleaded guilty to taking advantage of his positions to illegally receive money and goods. Photo: Weibo
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