24 February 2025 :

A Chinese court on February 24, 2025 upheld the death sentence for Bai Tianhui, former general manager of China Huarong International Holdings, after rejecting his appeal in a bribery case involving more than 1.1 billion yuan ($151.8 million).
The Tianjin High People's Court announced its decision on its official WeChat account, saying it had upheld the original ruling by the Tianjin No 2 Intermediate People's Court.
The sentence has been submitted to the Supreme People's Court, China's top court, for mandatory review, it said.
Bai was sentenced to death in May after being convicted of using his positions in the investment company from 2014 to 2018 to secure benefits for multiple entities in project acquisitions and corporate financing, in exchange for bribes exceeding 1.1 billion yuan, according to court records.
He was also deprived of political rights for life, with all his personal assets confiscated. The court ordered that his illicit gains and any interest earned from them be turned over to the national treasury.