BEIJING (AFP): A former top banker in China pleaded guilty on Thursday (July 30) to illegally receiving over US$12 million after being caught last year in President Xi Jinping's sweeping campaign against corruption.
Hu Huaibang, former party secretary and chairman of the China Development Bank, had taken advantage of his positions to illegally receive money and goods worth a total of 85.5 million yuan between 2009 and 2019, heard a court in northern Chengde city.
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