Former chairman of luxury liquor firm Kweichow Moutai sentenced to life in prison for bribery

Published Sep 24 2021 at 7:32 AM GMT
  • The former chairman of China’s biggest liquor company, Kweichow Moutai, was sentenced on Thursday to life in prison for taking bribes, Xinhua reported.
  • Yuan Renguo was sentenced by the Intermediate People’s Court in Guiyang, the capital of the southwestern province of Guizhou, for accepting cash and property worth more than 112.9 million yuan (US$17.
  • 48 million) to help others obtain Mao-tai baijiu dealerships when he was a senior member at the company between 1994 and 2018, the report said….



  • Published Sep 24, 2021 7:32 AM GMT