BEIJING: Fan Yifei, the former vice-governor of the People’s Bank of China, was sentenced to death with a two-year reprieve for accepting bribes worth more than 386 million yuan ($53.3 million) by a court in Huanggang, Hubei province, on Thursday.
Fan was also deprived of his political rights for life, and all of his personal assets were confiscated, according to the ruling made by the Huanggang Intermediate People’s Court.
In China, if an inmate given a suspended death sentence commits no new offense during probation, his or her sentence will usually be reduced to life imprisonment.
If the inmate behaves well in prison, their sentences may be further commutated, or they may become eligible for parole.
In Fan’s case, if he behaves well during the reprieve, his sentence will be reduced to life imprisonment, but there will be no possibility of commutation or parole, the court said. He will spend the rest of his life behind bars.
In addition, the court added that Fan’s illicit gains will be recovered and turned over to the state treasury. –The Daily Mail-China Daily news exchange item
