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