China Development Bank chairman Hu Huaibang worked his way up the financial ladder. Photo: Jonathan Wong
China Development Bank chairman Hu Huaibang worked his way up the financial ladder. Photo: Jonathan Wong
China /  Politics

China jails former China Development Bank chief Hu Huaibang for life for graft

  • Hu convicted of taking about US$13 million in bribes over a decade
  • Court’s decision comes a day after death sentence handed down to another top official found guilty of corruption

William Zheng
William Zheng

Updated: 9:29pm, 7 Jan, 2021

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China Development Bank chairman Hu Huaibang worked his way up the financial ladder. Photo: Jonathan Wong
China Development Bank chairman Hu Huaibang worked his way up the financial ladder. Photo: Jonathan Wong
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