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[Published: Saturday September 26 2020]

 Chinese property mogul jailed after Xi Jinping ‘clown’ jibe

BEIJING, 26 Sept. - (ANA)  - A Chinese billionaire has been jailed for 18 years just months after publicly describing the country’s president as a “clown” over his handling of the coronavirus outbreak.
Proprety tycoon Ren Zhiqiang was placed under investigation in April over charges relating to corruption, bribery and embezzlement of public funds. 
According to a newly released statement from the Beijing No 2 Intermediate Court, the 69-year-old has been imprisoned and fined 4.2 million yuan (£485,000) after he “voluntarily confessed to all charges”.  - (ANA) -
AB/ANA/26 September 2020 - - -

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