Guizhou Bank's Former President Xu An Sentenced to Death with Reprieve in First Trial; Illegally Accepted Property Over 168 Million Yuan, Some Not Yet Obtained

WealthCoffee · 2026-03-19T04:53:17+00:00

Xu An, the former president of Guizhou Bank, was sentenced to death with a two-year reprieve in the first trial for bribery, corruption, and money laundering, with lifelong deprivation of political rights and confiscation of all assets. Additionally, he was sentenced to other penalties for corruption and money laundering, with multiple sentences applied concurrently.

WealthCoffee

2026-03-19 04:53:17

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Caixin: The case of Xu An, former president of Guizhou Bank, who was investigated in May 2024 and dismissed in February 2025, has recently received a verdict. He was sentenced to death with a two-year reprieve in the first instance for bribery, embezzlement, and money laundering.

On the evening of March 18, 2026, the Liupanshui Intermediate People’s Court in Guizhou Province announced that Xu An was sentenced to death with a two-year reprieve for bribery, with lifelong political rights deprivation, and confiscation of all personal assets; ten years in prison for embezzlement, with a fine of 500,000 RMB; and two years in prison for money laundering, with a fine of 50,000 RMB. The sentences were combined, and the court decided to execute the death penalty with a two-year reprieve, lifelong political rights deprivation, and confiscation of all personal assets.

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