Trial Against Former President Of China Telecom, China Unicom Starts


Trial Against Former President Of China Telecom, China Unicom Starts

A court in northern China on Tuesday began a trial against a former president of state telecommunications companies China Telecom and China Unicom, who was accused of accepting bribes, the official Xinhua news agency reported.

The trial against Chang Xiaobing, who is suspected of accepting money and property worth over 3.76 million Yuan ($550,000) between 1998 and 2014, took place at the Intermediate People’s Court in the city of Baoding.

According to the accusation, Chang used his position to aid companies that bribed him in exchange for contracting and selling equipment – crimes that he has already accepted and acknowledged.

Chang presided over China’s second largest telephone company China Unicom between 2004 and 2015, until he moved to lead the country’s third largest telephone company, China Telecom.

Investigations against him began in August 2015.

Hong Kong news agencies had then released information on links between Chang and former People’s Liberation Army of China general, Guo Boxiong, who was sentenced to life imprisonment a year later for bribery.

Chang is the latest in a long list of Chinese government firms’ executives to be investigated or tried for corruption, as part of an anti-fraud campaign that kick-started in 2013 after President Xi Jinping assumed office.

Source: LALT

By Pathay Singh on 04/17/17