GrahamPlatt wrote:https://english.news.cn/20231110/ef26ecef3af14a8f97c45b83da277ab0/c.html
“…former president of China CITIC Bank, was sentenced to death with a two-year reprieve on Friday for accepting bribes.”
The court found that between 2003 and 2019, Sun took advantage of his positions at various financial institutions to provide assistance to enterprises in obtaining loans, and in return he illegally accepted money and valuables worth 979.5 million yuan (about 136.5 million U.S. dollars).
I'd love to know it's possible have that amount of money in China without attracting an awful lot of attention.
No doubt in the UK, the FCA would take 5 years to investigate, say "tut-tut" and fine the bank a sum which of course would be paid by the clients.
Steve