Court upholds 12-year imprisonment ruling for fallen banker
( 2004-01-14 22:11) (Xinhua)
The Beijing Municipal Higher
People's Court on Wednesday rejected an appeal by Wang Xuebing, former president
of the China Construction Bank (CCB), upholding the ruling made in the
first-instance trial that sentenced him to 12 years in jail for taking bribes.
According to the first ruling handed out on Dec. 10, 2003 by the Beijing No.
2 Intermediate People's Court, Wang was guilty of taking bribes worth 1.15
million yuan (139,000 US dollars) during 1993 and 2001.
Wang was also a former president and board chairman of the Bank of China
(BOC) and general manager of the BOC New York branch.
The higher people's court said in its ruling that all the bribes had been
retrieved by law enforcement departments after Wang was investigated by judicial
departments.
Prosecutors and Wang's lawyer were present Wednesday at the court for the
suit while close family members of Wang witnessed the judgment.
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