Zhang Shaocang, former head of a state-owned energy firm in east China's Anhui Province, has been sentenced to life in prison for taking bribes valued at nearly 10 million yuan (1.3 million U.S. dollars), a spokesman with a local court said on Sunday.
The Intermediate People's Court in Fuyang has also deprived Zhang, former general manager of Anhui Province Energy Group Co., Ltd. and chief of the company committee of the Communist Party of China (CPC), of his political rights for life and ruled all his personal properties would be confiscated.
Court investigators found Zhang, 55, accepted 7 million yuan (900,000 U.S. dollars) of undeserved money from a local company in 1992, when he was a trade official at the then Anhui provincial planning committee, known today as the provincial development and reform committee.
He took another 2.78 million yuan worth of bribes between 1989 and 2006, when he worked as director in charge of the provincial economic information center, general manager of Anhui Province Energy Investment Co., Ltd., general manager of Anhui Province Energy Group Co., Ltd., and board chairman of Wanneng Energy Co., Ltd..
The court said Zhang had promoted several bribers, given jobs to their relations, issued import permits to some companies or signed warranties to help them get loans.
Anhui Province Energy Group Co., Ltd. is a major power supplier of the province with total assets of 9.6 billion yuan.
All of Zhang's illicit money and goods were retrieved, according to the court.
Zhang was removed from his posts of the Party chief and general manager of the company in April 2006 and arrested on Jan. 12 this year.
He went on trial on July 11 at the Fuyang court.
Zhang's wife and son were also involved in his corruption case, the court said without elaborating.
Source: Xinhua
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