Pursuits
Million-Dollar Bribe at Beijing Jazz Bar for Top Banker
A dance club at Beijing's Sanlitun night club district on Aug. 14, 2008 in Beijing.
Photographer: Paula Bronstein/Getty ImagesThis article is for subscribers only.
The $1 million bribe came on wheels: a travel suitcase stuffed with U.S. dollars that senior Chinese banker Yang Kun collected from CJW, a bar in Beijing’s Chaoyang District that offers cigars, jazz and wine.
The property developer who handed over the money in November 2011 wanted loans from Agricultural Bank of China Ltd., where Yang was a vice president, according to a report of court proceedings in the state-run People’s Daily.