China's anti-graft watchdog said on Saturday the former head of the supervisory board at China Development Bank, the country's largest policy lender, has been jailed for 14 years and fined 3.5 million yuan ($520,276) for receiving bribes.
The Central Commission for Discipline Inspection (CCDI) said in a statement on its website that Yao Zhongmin accepted bribes amounting to 36.2 million yuan directly or indirectly through his brother between 2002 and 2013.