Former chairman of China Everbright Group tried for embezzlement, taking bribes

SHIJIAZHUANG, Sept. 25 (Xinhua) -- Tang Shuangning, former Party chief and chairman of China Everbright Group, on Wednesday stood trial on charges of embezzlement and acceptance of bribes at a court in north China's Hebei Province.

According to the prosecutors, in April 2003, Tang used his position at the People's Bank of China (PBOC) to take public property worth about 3 million yuan (427,338 U.S. dollars) into