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Ex-tycoon spared capital punishment

By Cao Yin in Beijing and Gao Changxin in Shanghai | China Daily | Updated: 2012-05-22 08:02

Ex-tycoon spared capital punishment

Court commutes death sentence for Wu Ying

An ex-tycoon, convicted of illegal fundraising, had her death sentence commuted by the High People's Court in East China's Zhejiang province on Monday.

The court passed a death sentence, with a two-year reprieve. This usually translates into life in prison and is often reduced further for good behavior.

Ex-tycoon spared capital punishment

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