Zhang Hongli accepted bribes amounting to over 177 million yuan!

On February 19, 2025, the Intermediate People’s Court of Hangzhou Municipality, Zhejiang Province, publicly pronounced a verdict in the first instance on the bribery case of Zhang Hongli, former member of the Party Committee and vice president of the Industrial and Commercial Bank of China Co., Ltd., and sentenced the defendant Zhang Hongli to death with a two-year reprieve, deprivation of political rights for life, and confiscation of all personal property for the crime of accepting bribes; The recovered property and fruits of Zhang Hongli’s crimes are to be handed over to the state treasury in accordance with law, and the insufficient part will continue to be recovered.

After trial, it was ascertained that from 2011 to 2022, the defendant Zhang Hongli took advantage of his position as a member of the Party Committee and vice president of the Industrial and Commercial Bank of China Co., Ltd. to provide assistance to relevant units and individuals in matters such as loan financing and job arrangements, and illegally accepted property from the above-mentioned units and individuals directly or through others, totaling more than 177 million yuan.

The Hangzhou Intermediate People’s Court held that defendant Zhang Hongli’s conduct constituted the crime of accepting bribes. Zhang Hongli accepted bribes in a particularly huge amount, the circumstances of the crime were particularly serious, the social impact was particularly vile, and he caused particularly heavy losses to the interests of the state and the people, and he should be sentenced to death on the basis of his guilt. In view of the fact that Zhang Hongli truthfully confessed his crime after being brought into the case, took the initiative to confess most of the facts of accepting bribes that the case-handling organs had not yet grasped, pleaded guilty and repented, actively returned the stolen goods, and that most of the stolen money and goods had been recovered, and that there were statutory and discretionary mitigating circumstances, he was sentenced to death, and may not be immediately executed. The Court accordingly rendered the judgment.