A senior manager of a State-owned bank stood trial on Wednesday on charges of accepting bribes, including 4 kg of gold bars.

 

Yang Kun, a former vice-chairman of the Agricultural Bank of China, stood trial in Nanjing Intermediate People's court for allegedly accepting bribes worth 30.79 million CNY (4.94 million USD).

 

The prosecutors said that during Spring Festival, 2009, Yang accepted 4 kg of gold bars from a real estate businessman who wanted a loan from the bank to finance a residential project in Beijing. The gold bars were valued at about 1.15 million CNY.

 

Yang was accused of accepting bribes on five instances, including a painting by Qi Baishi, a famous Chinese artist, valued at about 1.8 million CNY.

 

The court has not yet issued its verdict.

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