7 August 2019
Wang Sanyun, former chief of Gansu provincial committee of the Communist Party of China, stood trial on Thursday in a court in Zhengzhou city, accused of taking bribes amounting to $9.65 million. His indictment says that he was helping individuals and companies in acquiring bank stakes and project contracts, and selling official posts. As usual, Wang pleaded guilty to the charges.
He was sentenced to 12 years in jail on Thursday. He was fined $595,660 and his properties obtained through bribery will be seized and handed over to state treasury, according to a statement by the Intermediate People’s Court of Zhengzhou city.
The court took into consideration his initiative to confess some of his crimes and provide information relating to other major cases for authorities to investigate and gave him a lenient sentence. The court also said that he handed over all property in a proactive way.
The court also heard from prosecutors that Hu Huaibang, former chairman of Bank of Communications, had channelled bribes to Wang on behalf of Ye Jianming, the former chairman of the once high-flying conglomerate CEFC China Energy. Both Hu Huaibang and Ye Jianming have been tried and sentenced.