Lai Xiaomin, the former chairman of China Huarong Asset Management, was executed on Friday. Photo: Weibo Lai Xiaomin, the former chairman of China Huarong Asset Management, was executed on Friday. Photo: Weibo
Lai Xiaomin, the former chairman of China Huarong Asset Management, was executed on Friday. Photo: Weibo

Corruption in China: former top banker Lai Xiaomin executed for taking US$277 million in bribes

  • Amount of bribes received by ex-chairman of China Huarong Asset Management was ‘extremely large, the crime’s circumstances were particularly serious and the social impact was particularly severe’, Supreme People’s Court says
  • Lai was convicted by a court in Tianjin earlier this month

Topic |   Corruption in China
Lai Xiaomin, the former chairman of China Huarong Asset Management, was executed on Friday. Photo: Weibo Lai Xiaomin, the former chairman of China Huarong Asset Management, was executed on Friday. Photo: Weibo
Lai Xiaomin, the former chairman of China Huarong Asset Management, was executed on Friday. Photo: Weibo
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