Wang Bin, a former chairman of China Life Insurance (Group) Co., was sentenced to death with two-year reprieve for bribery and concealing overseas deposits. A court in Jinan in eastern China's Shandong province pronounced the sentence Tuesday. Wang received a suspended death sentence for accepting bribes totaling 325 million yuan ($44.6 million) and a one-year jail term for illegally concealing 54.2 million yuan in overseas deposits, according to the verdict.

https://www.caixinglobal.com/2023-09-13/ex-china-life-chairman-gets-suspended-death-sentence-for-bribery-102103103.html

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