A court in China has sentenced Zhang Zhinan, former vice governor of eastern Fujian province, to 14 years in prison for taking bribes and abuse of power.
According to the investigation, Zhinan used his official position to help private companies obtain financial subsidies and bank loans from 1996 to 2019. In exchange, Zhinan received periodic rewards totaling more than 34 million yuan ($5.3 million).
The estimated damage to the state between 2007 and 2017 alone amounted to more than 148 million yuan ($23 million).
The Intermediate People’s Court of Nanchang in east China’s Jiangxi province has sentenced Zhinan to 14 years in prison and fined him 3 million yuan ($470,000).
The court reportedly handed down a lenient sentence as Zhinan pleaded guilty to his crimes, showed repentance and surrendered all his illegal gains.