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Ex-Bank of China chairman Liu Liange gets suspended death sentence for bribery | Hall of Shame
Reuters, 26-Nov-2024
He thereby enters the Webb-site Hall of Shame, joining the bank's ex-President Wang Xuebing (jailed for 12 years in 2003) and ex-Vice Chairman Liu Jinbao (suspended death sentence, 2005). In our view, Xi Jinping's "Tigers and Flies" anti-corruption campaign, running since 2012, is doomed to fail so long as civil servants (including those in State-Owned Enterprsies) are underpaid.
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