BEIJING — The former chairman of New China Life Insurance, Li Quan, was sentenced to death with a two-year reprieve over corruption charges by a court in the Chinese province of Shandong, national broadcaster CCTV reported on Wednesday (Nov 19).The court said Li took in more than 200 million yuan (S$36.66 million) through embezzlement and bribes from 2010 to 2024, CCTV reported.[[nid:724805]]

The former chairman of New China Life Insurance, Li Quan, was sentenced to death with a two-year reprieve over corruption charges by a court in the Chinese province of Shandong.

china

Death Penalty/Capital Punishment

Corruption

China corruption

Reuters

BEIJING — The former chairman of New China Life Insurance, Li Quan, was sentenced to death with a two-year reprieve over corruption charges by a court in the Chinese province of Shandong, national broadcaster CCTV reported on Wednesday (Nov 19).The court said Li took in more than 200 million yuan (S$36.66 million) through embezzlement and bribes from 2010 to 2024,...

Former New China Life Insurance chairman handed suspended death sentence over corruption