“The Chinese authorities continue to impose death sentences and carry out executions for a wide range of offences, including drug-related offences, that do not meet the threshold of the ‘most serious crimes’, to which the death penalty must be restricted under international human rights law. The expert added: “Although the Chinese government follows the policy of killing fewer, killing cautiously, it also sees the use of the death penalty as an effective deterrent to serious crimes, especially drug-related crimes. It did not say how Lai was executed, but said he was allowed to meet with close relatives before his death. "The amount of bribes received by Lai Xiaomin was extremely large, the crime’s circumstances were particularly serious and the social impact was particularly severe," China's Supreme People's Court said. The banker confessed of state television as he reportedly stockpiled luxury cars and gold bars through his role at China's state banking regulator.īeijing is taking an increasingly tough stance on corporate wrongdoing as the Communist Party endorsed the use of the death penalty for Lai. Lai was convicted for bigamy and corruption.ĭeath sentences for white collar crime are part and parcel of the Chinese justice system. He was also accused of starting a secret family while married to his "loyal wife" - allegations which made it onto his execution charge sheet. The 58-year-old former Chinese state asset manager was killed for soliciting $300million in bribes from between 2008 to 2018.
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