Chinese property tycoon Ren Zhiqiang jailed for 18 years after Xi critique
The outspoken property tycoon linked to an article criticising President Xi Jinping’s handling of the coronavirus outbreak
22 September 2020 - 17:01
Beijing — China jailed outspoken property tycoon Ren Zhiqiang for 18 years on graft charges, months after he was linked to an article criticising President Xi Jinping’s handling of the coronavirus outbreak.
The former chair of Huayuan Property was sentenced on Tuesday after pleading guilty to four charges including corruption and abuse of power, the Beijing No 2 Intermediate People’s Court said. Ren was found to have amassed about 132-million yuan ($19m) in bribes and other illegally obtained personal benefits between 2003 and 2017, the court said, adding that he had agreed not to appeal...
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