Published: October 22nd, 2024,
Last updated: May 28th, 2025

The former Vice President of the China Development Bank (CDB), Wang Yongsheng, has been sentenced to twelve years imprisonment, state broadcaster CCTV said on Monday. Wang was found guilty by the Intermediate People’s Court of Jilin Province of accepting the equivalent of around three million euros in bribes during his tenure at the development bank from 2010 to 2019.