Announcement

Collapse
No announcement yet.

Li Peiying executed in China

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Li Peiying executed in China

    Li Peiying executed in China

    Not sure where to place this, but I give it a try here... Mr. Li Peiying was a former executive at Chinese airports.


    Shandong, CHINA - The former head of the state-firm that owns Beijing airport has been executed following his conviction on corruption charges, state media have reported.

    Li Peiying was found guilty of bribery and embezzlement totalling nearly $16m (£11m), Xinhua news agency said.

    The death sentence is usually reserved for violent crimes but is occasionally used for cases of major fraud.

    Li was executed in Jinan, capital of the eastern province of Shandong, after the Supreme People's Court upheld a lower court's rejection of his appeal.

    From 1995-2003 he was head of the state-owned Capital Airports Holdings, a huge firm with 30 airports across nine provinces in China.

    He was found guilty in February of accepting about $4m in bribes and stealing a further $12m in public funds.

    Source: BBC News
    With best regards from Jan-Olav Storli

    Administrator and Owner of CaptainsVoyage.
    Main page: http://www.captainsvoyage.com
    Old forum: http://captainsvoyage.7.forumer.com/
    Join us: Save the "Kong Olav" on facebook

    Surround yourself with positive, ethical people who are committed to excellence.

Working...
X