A former state telecom executive accepted at least 650,000 yuan ($94,024) of bribes to help a private company pocket more than 90 million yuan of illegal gains, a recently released court verdict showed.
The executive, Zhen Caiji, is the former chairman of state-owned Datang Telecom Group and a former executive vice president of China Telecom Corp. Ltd., one of the country’s three state telecom operators.
Zhen, 58, was placed under investigation by the Communist Party’s graft buster in July 2017. His case is still under investigation and no official statement has been published. The party expelled Zhen for discipline violations in September 2017 and handed his case over to the judiciary department for criminal investigation.
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