A former chairman of one of China's "Big Four" state-owned bad-asset managers, Lai Xiaomin, was accused of taking a record 1.79 billion yuan ($258 million) of bribes over 10 years as he stood trial in North China's Tianjin municipality Tuesday.
Caixin
Disgraced financial heavyweight accused of taking biggest bribes in China
Lai Xiaomin's 100 mistresses and mother's $43m bank account shock the nation
