Former Sinopec president gets 15 years

25 Jan, 2017

China sentenced a former president of state-run energy giant Sinopec to 15 and a half years for corruption Tuesday, official media said, the latest punishment meted out to a prominent figure in the graft-riddled oil sector.
Wang Tianpu, the former general manager of China Petroleum and Chemical Corporation (Sinopec Group), was also fined 3.2 million yuan ($470,000), the official Xinhua news agency reported.
The Nanchang City Intermediate People's Court in the eastern province of Jiangxi ordered Wang's illicit gains to be confiscated and said that the assets he embezzled should be returned to Sinopec, the national broadcaster CCTV reported.
Wang's sentence came less than a week after Liao Yongyuan, a former executive with Sinopec's parent company CNPC, was jailed for 15 years on similar charges.

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