CCB(601939) Xin Lang Cai Jing·2025-04-22 11:44Core Points - The court sentenced Li Huafeng to 15 years in prison and a fine of 2.5 million RMB for bribery, influence peddling, and money laundering [1][2] - Li Huafeng received over 14.09 million RMB in bribes from 2013 to May 2020 while serving as Deputy Party Secretary and Vice President of China Construction Bank's Shenzhen branch [1] - After resigning in April 2021, he continued to exploit his former position to illegally accept 8.1 million RMB in bribes until January 2024 [1] - Li Huafeng was found to have laundered 3.6 million RMB of the bribe money through multiple accounts for purchasing property [1] Legal Findings - The court determined that Li Huafeng's actions constituted particularly large amounts of bribery and money laundering, warranting cumulative penalties [2] - His cooperation with authorities, including confessing to crimes and returning illicit gains, was considered for a lighter sentence [2]