Chinese ex-central bank executive sentenced to 16 years for graft – World

BEIJING: A former senior official at China’s central bank has been sentenced to more than 16 years in prison for corruption, Chinese media reported on Thursday.

Sun Guofeng, formerly head of the monetary policy department at the People’s Bank of China, exchanged information for bribes totalling 21 million yuan ($3 million), according to financial news site Caixin, citing a document…