The news is out: [(Bloomberg) — China jailed outspoken property tycoon Ren Zhiqiang for 18 years on graft charges, months after he was linked to an article criticizing President Xi Jinping’s handling of the coronavirus outbreak.
The former chairman of Huayuan Property Co. was sentenced Tuesday after pleading guilty to four charges including corruption and abuse of power, the No.2 Beijing Intermediate People’s Court said. Ren was found to have amassed some 132 million yuan ($19 million) in bribes and other ill-gotten personal benefits between 2003 and 2017, the court said, adding that he had agreed not to appeal.
The allegations also included causing some 117 million yuan of economic losses at unspecified state-owned companies, according to the court, which provided no details about the crimes. Ren was fined 4.2 million yuan.
The prison term was unusually long, although some figures targeted during Xi’s eight-year anti-corruption campaign have been given suspended death sentences. If he serves out his full sentence, Ren, 69, would be about 87 years old by the time of his release.]
If China can do it, why not the rest of the “civilized, non-shitholes” countries?