Former China deputy central bank head gets suspended death sentence for taking bribes

China's erstwhile lawman cardinal slope governor, Fan Yifei, has been sentenced to decease for taking bribes with a two-year reprieve, authorities media said connected Thursday, amid a sweeping anti-graft thrust successful the fiscal sector.

Fan was recovered blameworthy of illegally accepting spot worthy much than 386 cardinal yuan, astir $54.55 million, for taking vantage of his elder positions astatine the cardinal slope and different fiscal institutions, including China Construction Bank, according to the report, citing a Chinese court.

Following the two-year reprieve, Fan's decease condemnation volition beryllium commuted to beingness imprisonment, with nary anticipation of commutation oregon parole, authorities media cited Huanggang Intermediate People's Court successful Hubei state arsenic saying.

"Fan Yifei accepted bribes of an highly ample amount, the circumstances of his crimes were highly serious, the societal interaction was highly bad, and the interests of the authorities and the radical suffered highly dense losses," the tribunal was quoted arsenic saying.

Fan, 60, is the highest-ranking authoritative astatine the People's Bank of China to beryllium arrested nether President Xi Jinping's anti-graft thrust successful the past decade, successful a run aimed astatine weeding retired corrupt officials successful the fiscal sector.

Reuters was not capable to interaction Fan for comment.