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.


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