China Mobile Executive Sentenced to Death Over Bribes
Zhang Chunjiang, the former vice chairman of China Mobile was sentenced to death with a two year reprieve Friday for accepting bribes. This follows the execution of two former vice mayors. From the New York Times:
Recently, prosecutors have focused their attention on the telecom industry. At least seven other executives from China Mobile are under investigation in corruption cases, according to the nation’s state-run news media. And investigators are also looking into the role of several prominent Chinese businessmen, including Zeng Liqing, one of the founders of Tencent, a top Chinese Internet company, according to Caixin magazine, one of the nation’s most respected publications.