AGRICULTURAL BANK OF CHINA(SH:601288) Nan Fang Du Shi Bao·2025-08-26 00:09Core Points - Former Vice President of Agricultural Bank of China, Lou Wenlong, was sentenced to life imprisonment for bribery, with the court confirming he accepted over 84.51 million yuan in bribes [1][6][7] - Lou's career spanned various roles in the financial regulatory system, including positions at the People's Bank of China and the China Banking Regulatory Commission before becoming Vice President of Agricultural Bank of China [2][3] - The investigation into Lou began following a routine inspection by the Central Inspection Team, leading to his arrest and subsequent expulsion from the Party [3][4][6] Company and Industry Summary - Lou Wenlong utilized his positions to facilitate regulatory approvals and financial transactions for others, receiving substantial illegal benefits in return [6][7] - The court highlighted that Lou's actions caused significant losses to the state and public interests, categorizing his bribery as particularly severe [7] - Lou is the fifth high-profile financial executive sentenced this year for corruption, indicating a broader crackdown on financial misconduct within the industry [7][8]