A former VP of one of China's biggest banks was sentenced to death with a 2-year reprieve. For taking bribes. - ThreadSky

fiftyshadesofwhey.bsky.social • 4 days ago

A former VP of one of China's biggest banks was sentenced to death with a 2-year reprieve.

For taking bribes.

Comments

hfyou.bsky.social•4 days ago

He doesn't look pleased with that outcome.

I wonder what the point of a 2 year reprieve is.

antweatcoast.bsky.social•4 days ago

I bet it's 1 or 2 billion per year? 🤣

flyingtoasters.bsky.social•4 days ago

It's a way to have the verdict converted to a life sentence, which is eligible for parole after 10 years in China according to Reuters.

hfyou.bsky.social•4 days ago

Oh, interesting! Thank you for uncovering and linking that!

skyhawks.bsky.social•4 days ago

America seems lawless, except for regular people

triplozero.bsky.social•4 days ago

He’s either guilty or taking the fall, but I do think we have a lot to learn about deterring white collar crime.

toddlambert.com•4 days ago

That's how you do it...

natfactor.bsky.social•4 days ago

Full on!

frolickinggadfly.bsky.social•4 days ago

https://youtu.be/qDO6HV6xTmI?si=CNRapkIH9WhHH4s-&t=25

fiftyshadesofwhey.bsky.social•4 days ago

"China has sentenced Zhang Hongli, a former vice president of the Industrial and Commercial Bank of China to death with a two-year reprieve for taking bribes, the state broadcaster reported on Wednesday."
https://www.reuters.com/world/china/china-sentences-former-icbc-executive-death-with-reprieve-taking-bribes-2025-02-19/

themadcentrist.com•4 days ago

Meanwhile, #FOTUS makes bribes legal in #America.

bkjwordplay.bsky.social•4 days ago

He bet not snitch.

elizabethrydan.bsky.social•4 days ago

Don’t mess with Xi.

cujohalstead.bsky.social•4 days ago

Here we just do it live on tv...

radicalruss.com•4 days ago

Wait. Bankers can be charged with crimes? Not just given fines that are mere fractions of their profits? And face actual punishment? In what utopian democracy is this happening? What? The hell you say!

jerrybadthings.com•4 days ago

They only get charged/automatic convictions if they piss off the wrong people in the CCP.

radicalruss.com•4 days ago

Oh, like in USA when you rip off the wealthy.

jerrybadthings.com•4 days ago

Exactly, that's why Bernie Madoff went down. If he had ripped off millions of regular Americans he would have been fine.

kristif18.bsky.social•4 days ago

We need this rn.

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