China hands former security regulator anti-graft official suspended death sentence

BEIJING, Oct 27 (Reuters) – A Chinese court on Tuesday handed Wang Huimin, a former anti-graft official at the China Securities Regulatory Commission, a death sentence ‌with a two-year reprieve over corruption and said Wang illegally accepted more than 436 million yuan ($65 million).

• Wang accepted bribes in exchange for favours to companies and individuals, including help with business operations and fundraising, while holding a number of official posts in the northwestern region of Xinjiang and at the national securities regulator from 1998 to 2025, state-run Xinhua news agency said, citing a first-instance judgement

• The court said Wang’s “exceptionally large” bribes and the severe harm caused warranted the death penalty, but gave him a two-year reprieve because, among other considerations, some offences were only attempted, he voluntarily disclosed some facts not previously known to investigators and some illicit gains were recovered

• He admitted guilt and expressed remorse in court, Xinhua said

• The court also deprived him of political ​rights for life and ordered ​the confiscation of all his personal property

• The suspended death sentence in ​Chinese law ​gives a convict a two-year reprieve from execution, after which the sentence is ​typically commuted to life imprisonment

• The court said Wang would spend the rest of his life in prison, with no possibility of sentence reduction or parole

($1 = 6.6680 Chinese yuan renminbi)

(Reporting by Beijing Newsroom; Editing by Kate Mayberry)