Archive · 10 Dec 2025
China Executes Ex-Banker for $156M Bribery
A former high-ranking banker in China named Bai Tianhui was executed because he took a lot of money as bribes.
He worked for a big company that manages bad debts.
He took more than $156 million in bribes between 2014 and 2018.
The Chinese government said he did very bad things and hurt the country.
He was found guilty and his punishment was to be executed.
This is part of a big effort by the Chinese president to stop corruption in the country.
Other high-ranking bankers have also been punished for similar crimes.
Bai Tianhui, former general manager of China Huarong International Holdings (CHIH), was executed for accepting $156 million in bribes.
He was found guilty of offering favorable treatment in acquisition and financing projects between 2014 and 2018.
CHIH is a subsidiary of China Huarong Asset Management, focusing on bad-debt management.
Tianhui's sentence was not suspended, and his appeal was denied in February.
This execution is part of President Xi Jinping's long-running anti-corruption crackdown in China's finance industry.
- Who
- Bai Tianhui, former general manager of China Huarong International Holdings (CHIH)
- What
- Accepted bribes and offered favorable treatment in acquisition and financing projects
- When
- Between 2014 and 2018, executed on Tuesday (unspecified date in May 2024)
- Where
- China, specifically Tianjin
- Why
- For corruption and bribery, as part of China's anti-corruption crackdown
- Name
- Bai Tianhui
- Position
- Former General Manager, China Huarong International Holdings (CHIH)
- Bribes Accepted
- $156 million
- Crime Period
- 2014-2018
- Sentence Date
- May 28, 2024
- Execution Date
- Tuesday (unspecified date in May 2024)
- Company
- China Huarong International Holdings (CHIH)
- Parent Company
- China Huarong Asset Management
Sources
China Executes Ex-Banker For Taking Over $156 Million In Bribe
China sentences former top banker to death under the charges of corruption
Former financial official executed in China over $ 57 mn bribery case
