Core Points - The Jinan Intermediate People's Court sentenced Li Quan, former Chairman of New China Life Insurance Co., Ltd., to life imprisonment for embezzlement and death penalty with a two-year reprieve for bribery, along with confiscation of all personal property [1][2] - Li Quan was found guilty of embezzling over 108 million RMB and accepting bribes exceeding 105 million RMB from 2010 to 2023, utilizing his positions in various companies [1][2] - The court acknowledged mitigating factors such as attempted crimes, truthful confession, and active restitution, which led to a lighter sentence [2] Summary by Sections - Court Verdict: Li Quan received a life sentence for embezzlement and a death sentence with a two-year reprieve for bribery, with all personal assets confiscated [1][2] - Financial Misconduct: The total amount embezzled and accepted as bribes by Li Quan was over 213 million RMB, indicating significant financial misconduct during his tenure [1][2] - Legal Proceedings: The case was publicly tried on May 14, 2025, with evidence presented by the prosecution and Li Quan admitting guilt during the proceedings [3]
一金融国企原董事长一审被判死缓！
Jin Rong Shi Bao·2025-11-19 10:51