The former chairman of China's Ying Kou Port Group, Gao Baoyu, has been sentenced to 14 years in prison for accepting around USD $3.9 million in bribes (Reuters).
Gao Baoyu has been sentenced by the Liaoning Anshan Intermediate People’s Court. Since his election in late 2012, the Chinese President, Xi Jinping, has undergone an extensive campaign to fight corruption.
It is believed that as far back as 2002, Gao Baoyu, who was also the party secretary of Ying Kou, abused his position of power by accepting bribes for appointments.
The verdict, handed down by a court in the northern city of Anshan, was not appealed. Neither Ying Kou or Gao have made any comment on the sentencing.
Bribery and corruption in the maritime industry has seemingly been a large issue in China and across the globe recently. This week, PTI reported on corruption allegations in the Black Sea region.