{"id":64803,"date":"2024-02-07T09:25:44","date_gmt":"2024-02-07T09:25:44","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/chinese-bank-executive-sentenced-to-death-with-reprieve"},"modified":"2024-02-07T10:32:33","modified_gmt":"2024-02-07T10:32:33","slug":"chinese-bank-executive-sentenced-to-death-with-reprieve","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve","title":{"rendered":"Chinese Bank Executive Sentenced To Death With Reprieve"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Tian Huiyu, former president of China Merchants Bank, was sentenced to death this Monday with a two-year reprieve for taking bribes, abusing power, trading on the basis of undisclosed information, insider trading and leaking inside information.<\/p>\n

The Intermediate People\u2019s Court of Changde in Hunan Province, central China, established that Tian, also former Party chief of the China Merchants Bank Co., Ltd., took advantage of his posts at various financial institutions to seek benefits for other units and individuals in matters such as loan approval, business contracting and job adjustment, and accepted money and valuables worth over 210 million yuan (about 29.55 million U.S. dollars) in return.<\/p>\n

Tian was also found to have abused his power at China Merchants Bank to intervene in the regular operations of its affiliated institutions, causing heavy losses to national interests.<\/p>\n

The court also found that Tian took part in securities trading by exploiting relevant undisclosed information or inside information, and leaked inside information to others, making illegal profits of over 298 million yuan.<\/p>\n

Tian was deprived of his political rights for life, and all his personal assets were confiscated, the court said in a statement.<\/p>\n

The total amount of bribes Tian had taken was massive, and his crimes caused a heavy loss to the state and the people, the court said.<\/p>\n

However, a lenient sentence was granted because he had confessed to all his crimes, showed remorse, and was cooperative in returning his illegal gains.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Tian Huiyu, former president of China Merchants Bank, was sentenced to death this Monday with a two-year reprieve for taking bribes, abusing power, trading on the basis of undisclosed information, insider trading and leaking inside information. The Intermediate People\u2019s Court of Changde in Hunan Province, central China, established that Tian, also former […]<\/p>\n","protected":false},"author":84,"featured_media":64802,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,14],"tags":[760,763,758],"class_list":["post-64803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nChinese Bank Executive Sentenced To Death With Reprieve - Rwanda<\/title>\n<meta name=\"description\" content=\"Tian Huiyu, former president of China Merchants Bank, was sentenced to death this Monday with a two-year reprieve for ta ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese Bank Executive Sentenced To Death With Reprieve\" \/>\n<meta property=\"og:description\" content=\"Tian Huiyu, former president of China Merchants Bank, was sentenced to death this Monday with a two-year reprieve for ta ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-07T09:25:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-07T10:32:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2024\/02\/sm_1707289219.24424.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"489\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Chinese Bank Executive Sentenced To Death With Reprieve\",\"datePublished\":\"2024-02-07T09:25:44+00:00\",\"dateModified\":\"2024-02-07T10:32:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve\"},\"wordCount\":259,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2024\/02\/sm_1707289219.24424.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"head lines\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/policy\/chinese-bank-executive-sentenced-to-death-with-reprieve\",\"name\":\"Chinese Bank Executive Sentenced To Death With Reprieve - 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