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China Eastern Airlines' former chairman Liu Shaoyong sentenced to 14 years for bribery

By Reuters News

BEIJING, Nov 3 (Reuters) - Liu Shaoyong, former chairman of China Eastern Airlines 600115.SS, was sentenced to 14 years in prison over bribery, China's state television CCTV reported Tuesday.

A court in the city of Shenyang found that Liu accepted more than 67.5 million yuan ($10.12 million) in bribes between 2002 and 2023, using positions at China Eastern Airlines and China Southern Airlines 600029.SS to help companies and individuals secure business opportunities, project contracts and route-related approvals.

CCTV said Liu pleaded guilty and expressed remorse in court during his trial in July.


($1 = 6.6723 Chinese yuan renminbi)

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