非法收受财物1.47亿余元 徐佐被判无期徒刑

Core Viewpoint - Xu Zuo, former deputy general manager of China CITIC Group, was sentenced to life imprisonment for bribery and illegal business operations, involving over 1.47 billion yuan in illicit gains [1][2]. Group 1: Legal Proceedings - The Shenyang Intermediate People's Court publicly announced the verdict on December 12, sentencing Xu Zuo to life imprisonment for bribery and a seven-year term for illegal business operations, with a fine of 10 million yuan [1]. - The court found that from 1999 to 2024, Xu Zuo used his positions at CITIC Dicastal Co., Ltd. and China CITIC Group to illegally accept over 1.47 billion yuan in bribes [2]. - The court acknowledged Xu's cooperation during the investigation, including confessing to most of the bribery facts and returning all illicit gains, which led to a lighter sentence for the bribery charge [2]. Group 2: Background Information - Xu Zuo was born in October 1965 in Hubei Province and was investigated in June 2024, subsequently expelled from the Party and public office in December of the same year [1]. - He was accused of engaging in "eating from enterprises" and violating regulations by operating similar businesses to those of his employer, resulting in significant illegal profits and damaging the political ecology of the enterprises he managed [1].