Shi Tao, a former executive at Volkswagen’s China joint venture with FAW Group Corp has been sentenced to life in prison.
Image courtesy of SCMP.
According to Shanghai daily, Shi Toa was jailed for taking 33 million yuan ($2 million ) bribe.
Mr Shi who was a former deputy general manager of FAW-Volkswagen Sales Co helped auto dealers and dealers order from FAW Volkswagen in exchange for bribe.
His act was discovered in an audit in 2015 revealing that he had collected 26.7 million yuan in property derived from unclear sources.
Volkswagen have declined to make a statement in connection to the alleged sentence.
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