CHINA EXECUTES EX-BANKER IN BRIBES, BIGAMY CASE: STATE MEDIA

China on Friday executed a former top banker accused of taking $260 million worth of bribes, other forms of corruption and bigamy, state broadcaster CCTV reported.

Lai Xiaomin, the former chairman of Huarong — one of China’s largest state-controlled asset management firms — was put to death by a court in the northern city of Tianjin, CCTV said.

Source: National News Agency