China Huarong International Holdings (CHIH)

Chinese Banker Sentenced To Death For Accepting $151 Million Bribe

In a rare and shocking development, a former senior banker in China has been sentenced to death for accepting bribes amounting to over $151 million. Bai Tianhui, the former general manager of China Huarong International Holdings (CHIH), was convicted by the Secondary Intermediate People’s Court of Tianjin in eastern China...