Former China Everbright Group Chairman Sentenced to 12 Years for Corruption
Tang Shuangning was convicted of embezzlement and bribery as part of China's decade-long anti-corruption crackdown.
- Tang Shuangning, former chairman of China Everbright Group, was sentenced to 12 years in prison by a court in Tangshan, Hebei Province.
- The court found Tang guilty of embezzling approximately 3 million yuan and accepting over 11 million yuan in bribes between 2000 and 2017.
- Tang was expelled from the Chinese Communist Party earlier this year for serious violations of discipline and law.
- He expressed remorse and cooperated with authorities, leading to a more lenient sentence, along with a 1.3 million yuan fine.
- Tang's case is part of President Xi Jinping's broader anti-corruption campaign, which has targeted both high-ranking officials and lower-level cadres across China's financial and political sectors.