Businesswoman gets 20 years, fined 2.5b yuan

A former billionaire accused of bribing the ex-railways minister to obtain business illegally was sentenced to 20 years in prison and fined 2.5 billion yuan ($404 million) on Tuesday.

Beijing No 2 Intermediate People's Court first sentenced Ding Yuxin, the former chairwoman of Boyou Investment Management Corp, to 15 years for offering bribes.

It then gave her another 15-year sentence for operating business illegally, according to a statement released by the court on its micro blog.