What’s new: Yi Pengfei, former vice chairman of the political consultative conference of Hunan province, has pleaded guilty to taking tens of millions of yuan in bribes and abusing his power, with the latter alleged crime resulting in the loss of public assets totaling nearly 450 million yuan ($62.9 million), state media reported.
Yi stood trial in Liuzhou in the Guangxi Zhuang autonomous region Thursday, where prosecutors accused him of taking advantage of his official positions to help others with project contracting, business operations and fund applications between 2003 and 2022, accepting over 81.4 million yuan in return for his favors, the state-run Xinhua News Agency reported.
