Society

Financial official gets 12 years for bribes

By Jia Xu (chinadaily.com.cn)
Updated: 2010-06-07 15:22

A former chief financial official was sentenced to 12 years’imprisonment on charges of accepting more than 3 million yuan in bribes during his tenure, the Beijing Times reported Monday.

Xu Mangang, former chief of Management Inspection Bureau of State Administration of Foreign Exchange, was accused and exposed by Guo Jingyi, a former high-ranking inspector of the treaty and law department of the Ministry of Commerce, who was sentenced to death with a two-year reprieve in May for accepting 8.45 million yuan ($1.24 million) in bribes.

Xu was accused of receiving three bribes while he was in office. From 2005 to 2008, Xu and Guo exploited their duty in office by receiving bribes and luxury watches from a natural-gas company, and the bribes amounted to about 2.9 million yuan. The other two bribes, which amounted to 145,000 yuan, were taken by him alone while he was in office.

Xu didn't appeal after he was sentenced by the Beijing Second Intermediate People's Court, the report said.