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8/20/2022

Chinese Canadian Billionaire Sentenced to 13 Years for Financial Crimes

Y! News HONG KONG — Xiao Jianhua, a Chinese Canadian billionaire and onetime trusted financier to China’s ruling elite, was sentenced to 13 years in prison Friday, and his company fined $8 billion, after he pleaded guilty to bribery and other crimes that authorities said had “seriously jeopardized” the country’s financial security.

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Exclusive: Inside William Ruto's 4-Day State Visit - What You Need to Know!

President William Ruto will depart for a 4-day state visit to the United States of America, starting on Monday, May 20.