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Former Power Giant Chief Confesses to Taking $72 Million in Bribes

Former Power Giant Chief Confesses to Taking $72 Million in Bribes Yun Gongmin stands trial in Changchun, Jilin province What’s new: Yun Gongmin, a former general manager of China Huadian Corp., stood trial in Changchun, Jilin province, facing charges of taking 469 million yuan ($72 million) in bribes to offer business favors to others. Yun, 71, was also the deputy Communist Party chief of Huadian before he retired in 2013. Huadian is one of China’s largest state-owned power companies. Prosecutors accused Yun of accepting bribes between 1992 and 2016, when he took senior government posts in the coal-rich Inner Mongolia region and Shanxi province, as well as state-owned mining giant Shenhua Group and Huadian.

Electricity tycoon pleads guilty to bribery

Electricity tycoon pleads guilty to bribery By ZHANG YI | chinadaily.com.cn | Updated: 2021-04-29 19:13 Share CLOSE A former tycoon in China s electricity industry, Yun Gongmin, pleaded guilty to charges of accepting 468.66 million yuan ($72.45 million) in bribes while standing trial on Thursday in the Changchun Intermediate People s Court of Northeast China s Jilin province. Yun, ex-general manager of China Huadian Corporation, one of the country s State-owned power companies, was charged by prosecutors with taking advantage of his positions to seek benefits for others in the selection and appointment of officials, business operations and project contracts between 1992 and 2016, according to a statement from the court.

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华电新能源发电平台产业项目落户鼓楼 总投资300亿元_福州要闻_新闻频道_福州新闻网
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