Friday, August 07, 2009

Chinese Airport CEO Executed for Corruption

(Jinan, China) The former chief executive of the state-owned Capital Airports Holding Company, Li Peiying, 60, was executed earlier today for taking bribes and embezzlement.

Li was convicted of accepting bribes worth $3.9 million and embezzling 82.5 million yuan.

The method of execution for white-collar criminals wasn't reported.

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