Economics

Former Chinese Political Star Jailed for Life Over $27 Million Bribery

  • Sun Zhengcai is fourth ex-Politburo member convicted under Xi
  • Former Chongqing party chief was seen as presidential hopeful
A one-time contender for China’s presidency was sentenced to life in prison for accepting over $27 million bribes#tictocnews (Source: Bloomberg)
Lock
This article is for subscribers only.

A one-time contender for China’s presidency, Sun Zhengcai, was sentenced to life in prison for accepting over 170 million yuan ($27 million) in bribes.

Authorities intend to confiscate Sun’s personal property and retrieve his “illegal gains and relevant yields,” the official Xinhua News Agency saidBloomberg Terminal on Tuesday, citing a verdict from Tianjin No. 1 Intermediate People’s Court. The ruling makes Sun the fourth former member of the Communist Party’s Politburo jailed for life under President Xi Jinping.