53-year-old Shen Peiping, a former vice governor of Yunnan Province, was sentenced by Beijing Municipal No 1 Intermediate People's Court for accepting bribes amounting to 16 million yuan (USD 2.5 million).
Having pleaded guilty to the charges, Shen's real estate property has been seized and a further two million yuan of his personal assets will be confiscated, the court said.
Shen took advantage of his posts as Communist Party chief of Tengchong County and mayor of Simao City in Yunnan to seek benefits for local companies in mergers, iron ore sales and copper exploitation from 2000 to 2012, state-run Xinhua news agency reported.
Leniency was not given as Shen tried to conceal evidence from the investigation and failed to declare all his illegal gains, although he provided information to judicial organs in other cases.
Many top officials of the ruling Communist Party of China (CPC) and thousands of middle and low ranking bureaucrats have been prosecuted under the anti-corruption campaign President Xi Jinping launched after taking over in 2013.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
