China Corruption Blotter (October 24, 2012)
Song Wendai, former chairman and CEO of Inner Mongolia Qiankun Gold & Silver Refining Co. Ltd, was sentenced to death for corruption and embezzlement. Song was charged for abusing his position to fraudulently obtain more than $10.3 million in public property–including 58.9 kg of gold (worth $3 million) and 1.4 tons of silver–and embezzling $3.3 million.… Continue Reading