China: Ex Head of Sinopec Sentenced to More Than 15 Years in Jail for Graft

News

A Chinese court has sentenced Wang Tianpu, the former president of oil giant Sinopec Group, to 15 and a half years in prison for corruption,state mediareportedTuesday.

Related Articles

Calls for Anti-Corruption in Ukraine’s Post-War Rebuild
As Ukraine looks toward recovery from the ongoing conflict, international partners and reform advocates call for embedding anti-corruption measures in post-war restoration efforts.
Mining Crimes Pose a Challenge for Law Enforcement, Experts Say
A recent report found that only one in three of environmental crime cases in the Amazon produced a parallel financial crime investigation from authorities.
Kyrgyz Elite Targeted as Japarov Allies Gain Key Assets
After the killing of crime boss Kamchy Kolbaev, Kyrgyz authorities have intensified their crackdown on prominent business figures suspected of financing organized crime. But is it justice—or something else?
Calls for Anti-Corruption in Ukraine’s Post-War Rebuild
As Ukraine looks toward recovery from the ongoing conflict, international partners and reform advocates call for embedding anti-corruption measures in post-war restoration efforts.
Mining Crimes Pose a Challenge for Law Enforcement, Experts Say
A recent report found that only one in three of environmental crime cases in the Amazon produced a parallel financial crime investigation from authorities.
Kyrgyz Elite Targeted as Japarov Allies Gain Key Assets
After the killing of crime boss Kamchy Kolbaev, Kyrgyz authorities have intensified their crackdown on prominent business figures suspected of financing organized crime. But is it justice—or something else?
January 25th, 2017
Embezzlement Justice System

The Nanchang City Intermediate People’s court in Jiangxi Province found Wang guilty of accepting bribes worth about 33.48 million yuan (US$ 4.9 million) and embezzling state-owned properties worth 795,934 yuan (US$ 115,667), Xinhua News Agency said. 

The court also fined Wang 3.2 million yuan (US$ 465,035) and confiscated his illicit gains, Xinhua said.  

"Wang's disciplinary violations severely contravene the core values of Sinopec," a company spokesman told Reuters. "The company has used his case to educate the employees.”

Wang is the latest high-profile executive to be jailed in President Xi Jinping’s extensive campaign against corruption since he came to power four years ago.

Related Reporting