Li Xiaopeng, former China Everbright Group chairman, on trial in Heilongjiang for bribery charges totaling 60.43 million yuan.

Li Xiaopeng, former chairman of China Everbright Group, is on trial in Daqing, Heilongjiang Province, facing bribery charges. Prosecutors allege he accepted over 60.43 million yuan (approximately $8.5 million) in bribes while using his roles at the Industrial and Commercial Bank of China and China Everbright Group to assist others with corporate financing, loans, and recruitment. The trial included cross-examination by all parties involved.

October 28, 2024
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