Liu Liange, former chairman of Bank of China, was on Tuesday sentenced to death with a two-year reprieve for bribe-taking and illegal issuing of loans, Xinhua reports.
He was found to have accepted bribes worth over 121 million yuan (about 16.8 million US dollars), according to a court in the city of Jinan, east China's Shandong Province.
The conditional death penalty commutes the death penalty with imprisonment.
The investigation into Liu Liange's case had begun last year.
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