BEIJING – Xu Jianyi, former head of Chinese auto giant FAW Group, was sentenced to 11.5 years in prison for taking more than ¥12.2 million ($1.75 million) in bribes from 2000 to 2013, the First Intermediate People’s Court in Beijing said in a brief statement on February 10.
The court found that from 2000 to 2013, Xu took advantage of his various posts to help others with business contracts, promotions, and directly or indirectly accepted assets worth ¥12.2 million.
Xu served as vice president, president and chairman of FAW Group, a member of the Standing Committee of the Communist Party of China Jilin Provincial Committee and Party chief of Jilin City for many years.
Xu graduated from the Jilin Institute of Technology (later merged into Jilin University) in 1975. He joined FAW after graduation and served the company for 36 years.
According to the court judgment, all of Xu’s personal property listed in its verdict statement should be confiscated and his illicit gains will be turned over to the state treasury.
The court showed leniency because he confessed and turned over all his illegally received gains.
FAW sold 3.1 million vehicles last year, ranking third behind SAIC Motor and Dongfeng among major Chinese auto groups.