Former China Telecom CEO in guilty bribery plea

By:
Bill Boyle
Published on:

Chang Xiaobing, a former CEO and chairman of China Telecom, pleads guilty to taking bribes

The official Chinese News Agency has reported that Chang Xiaobing has appeared in court but has not yet been sentenced.

According to Reuters, Chinese prosecutors have accused Chang of accepting money and goods to the value of at least 3.76 million yuan ($546,500) between 1998 and 2014 while he was a top telecom official.

Chang quit China Telecom on 4 January 2016, after he was detained by Chinese officials. He previously spent more than a decade at the helm of China Unicom

It is also reported by the news agency that at a later date, while chairman of China Unicom, he accepted bribes.

The Chinese Central Commission for Discipline Inspection announced last summer that Chang had been expelled from the Communist Party.

His legal case was tried at the Intermediate People's Court in Baoding City in Hebei province, the Chinese agency said.