A Chinese Forbes Billionaire And His Bribery

From China Business News (translated by CDT):

How did a construction worker in Sichuan province become a Forbes China Billionaire? Bribery.

Wang Dejun, who 20 years ago was a plasterer, was listed in 2004 on Forbes magazine’s list of Chinese billionaires with assets worth 1.1 billion yuan. In June this year, he stood trial on bribery charges. Prosecutors said Wang and his Dongneng Group bribed government officials to the tune of more than 29 million yuan.

China Business News published an investigative report on his unusual life. Click here to read the story.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.