ChinaBribes to a bank executive arrived as 4.29 million yuan in salaries.
Nominal jobs disguised payment to Zhang Huayu, China Everbright Bank’s former deputy president, and his wife.
China’s top judicial authorities said the appointments rewarded his help securing loans and expanding business.
A court sentenced Zhang to 12½ years in August 2023 for taking bribes.
How each outlet framed it
- caixinglobal.com leans critical
- reports the salaries as a bribe mechanism, via nominal corporate appointments tied to securing loans
Sources: caixinglobal.com