Former bank chief gets suspended death sentence

Former Bank of China chairman Liu Liange received a death sentence with a two-year reprieve for accepting over 121 million yuan ($16.7 million) in bribes, a court in Jinan, Shandong province, announced on Tuesday.

He was also sentenced to 10 years in prison and fined 150,000 yuan for illegally issuing 3.32 billion yuan in loans, the Jinan Intermediate People's Court said.

The court ruled he would serve the sentences concurrently, with the death sentence being suspended after a two-year reprieve. If he behaves well during the reprieve, his sentence will be commuted to life in prison. The life sentence could be further reduced with good behavior.