Kang Rixin: photo china-defense-mashup.com
In August 2009 China National Nuclear Corporation’s head Kang Rixin (born 1953), was suspended and put under investigation for misusing $260 million that was earmarked for the construction of three nuclear plants and allegedly used for playing the stock market sustaining heavy losses. Kang Rixin was also accused of accepting bribes of several million dollars of corrupt payments from Areva, a leading French nuclear engineering company.
Sun Qin was appointed President to replace the suspended Kang Rixin.
Today Xinhua reports
that a Chinese court sentenced Kang Rixin, a former head of Chinese nuclear giant China National Nuclear Corporation (CNNC), to life imprisonment Friday for corruption and accepting almost one million U.S. dollars in bribes. Kang, CNNC’s former general manager, was also deprived of his political rights for life and had his personal assets confiscated, a statement from the Beijing No.1 intermediary court said.
Kang, 57, was convicted of having abused his power to enable others to profit. He accepted bribes totaling 6.6 million yuan (970,000 U.S. dollars) between 2004 and 2009. The sentence was lighter because Kang cooperated with investigators and returned all his ill-gotten gains.
Kang became a member of the Communist Party of China (CPC) Central Committee in October 2007. He was stripped of his post in and membership of the CPC for “serious violations of the law and discipline breaches” in December 2009.
Tags: Areva, China, China National Nuclear Corporation, corruption, Kang Rixin
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