Former Shanghai vice mayor sentenced to 17 years for graft

xinhua net
April 28, 2017
FUZHOU, April 28 (Xinhua) — Former vice mayor of Shanghai Ai Baojun was sentenced to 17 years in prison for bribery and embezzlement of public funds by a court in east China’s Fujian Province on Friday.

Personal assets worth 5.8 million yuan (841,421 U.S. dollars) held by Ai, a former member of the Standing Committee of the Communist Party of China Shanghai Municipal Committee, were confiscated, according to a statement from Zhangzhou Intermediate People’s Court in Fujian.

The court ruled that his illicit gains through bribe-taking shall be turned over to the state treasury and those through embezzlement returned to Baosteel Group and to the Shanghai municipal government.

Ai was found to have accepted bribes worth more than 43.2 million yuan while holding a series of offices in Shanghai between 2000 and 2014.

The court said Ai abused his positions as vice general manager of Baosteel Group and vice mayor of Shanghai to embezzle public assets worth more than 7.5 million yuan from 2001 to 2009.

Ai had been given relatively lenient treatment as he cooperated with investigators, surrendered all his illicit gains, admitted his guilt and repented.