CORRUPT CHINESE OFFICIAL SENTENCED TO DEATH

16 January 2009

Government official gambled away millions intended for his countrymen's housing

 

The death sentence imposed on corrupt Chinese government official Li Shubiao in 2005 has been confirmed by the Chenzhou Intermediate People's Court following a retrial for graft and misappropriation of public funds, reports the Xinhua news agency this week.

Whilst head of the Administrative Center for Housing Accumulation Funds of Chenzhou City, Hunan Province, Li Shubiao embezzled more than 118 million yuan (US$17.26 million) in funds allocated to buy homes for 200 000 city workers between 1999 and 2004.

The court heard that Li used the embezzled funds to gamble in Macau and other places or spend extravagantly. About 77.475 million yuan was outstanding when Li's case was first investigated in January 2004.

In the first trial, Li, now 45, was convicted on three counts: graft, misappropriation of public funds and gambling.

In August 2005, the court sentenced Li to death, stripped him of his political rights and seized all his personal property.

No date was announced for the execution, which requires Supreme Court approval.

Online Casino News Courtesy of Infopowa

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