Liu
Liange,
the
former
chairman
of
the
Bank
of
China
has
been
sentenced
to
death
with
a
two-year
reprieve
for
corruption
and
illegal
loan
issuance.
Liu
was
found
guilty
of
accepting
bribes
totalling
over
121
million
yuan
(approximately
USD
16.8
million).
The
court
also
ordered
the
confiscation
of
all
his
assets
and
mandated
the
recovery
of
his
illegal
gains
for
the
state
treasury.
Liu
has
been
deprived
of
political
rights
for
life,
according
to
the
state-run
Xinhua
News
Agency.