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Former Chairman of China State-Owned Enterprise Jilin Province Trust Tai Ge Sentenced to 14 Years Jail for Bribery & Corruption, Received $9.8 Million in Bribes, Embezzled $283,000 & Caused Losses of $4.9 Million
27th May 2023 | Hong Kong
The former Chairman of China state-owned enterprise Jilin Province Trust Tai Ge had been sentenced to 14 years jail & fined $420,000 (CNY 3 million) for bribery & corruption (22/5/23), receiving $9.8 million (CNY 69 million) in bribes, embezzling $283,000 (CNY 3 million) and causing state losses of $4.9 million (CNY 35 million). Between 2010 to 2019, Tai Ge was the Vice President of Bank of Jilin and Chairman & General Manager of Jilin Province Trust, and had used his positions to help companies & individuals in their loan applications.
“ Former Chairman of China State-Owned Enterprise Jilin Province Trust Tai Ge Sentenced to 14 Years Jail for Bribery & Corruption, Received $9.8 Million in Bribes, Embezzled $283,000 & Caused Losses of $4.9 Million “
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