Former senior official sentenced for bribery

Luo Yulin, a former senior official at the State-owned Assets Supervision and Administration Commission of the State Council, has been sentenced to death with a two-year reprieve for bribery and insider trading, a court in Shandong province announced on Monday.

The Qingdao Intermediate People's Court sentenced Luo after finding that he accepted bribes worth more than 220 million yuan ($30.70 million) between 1997 and 2023. The court said Luo used his various positions during that time to seek benefits from departments and individuals in business operations, project contracting and job promotions.

Luo, 66, was also deprived of his political rights for life, and all his personal assets were confiscated.