China hands rare death sentence to ex-banker who took US$151 million in bribes
China hands rare death sentence to ex-banker who took US$151 million in bribes
Former manager Bai Tianhui is the second China Huarong official to receive the ultimate penalty, after his former boss was executed in 2021.
This is one Chinese policy that I feel the west could benefit greatly from adopting. Not the death penalty necessarily, but permanently life-changing consequences, surely.
Sure, but can someone guarantee he's not persecuted only for falling out of line of other corrupt businessmen supporting the ruling party, or that someone wanted to take his business? That'd be a positive life-changing consequence for those standing behind such a case.
No more than anyone can guarantee anything, but that's what court proceedings are for. I'm not suggesting that the government should have unilateral power to execute whomever they feel like just because they say they did a thing, obviously.
I mean, isn't that the goal? If you're accruing wealth but spending it to better the country (building infrastructure, blah blah), why does it matter?
It helps that China's also clamping down on corruption from the politician side.
Tuesday’s court ruling also permanently stripped Bai of his political rights and ordered that all his personal property be confiscated.
If we don't get to execute corrupt grifters in the US, can we at least do this?