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Caixin Global
Caixin Global
Business

Former Boss of Citic Bank Admits Taking $154 Million of Bribes

What’s New: Sun Deshun, former president of state-owned China Citic Bank, pleaded guilty Tuesday to allegations of taking nearly 1 billion yuan in bribes.

The sentence will be pronounced at a later date, according to the trial court in Jinan, Shandong province.

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