Former Chief of China Tobacco Yunnan Charged With Taking Bribes

What’s new: A former senior official of China’s state tobacco monopoly was formally accused of accepting bribes and of illegal possession of firearms and ammunition.

Ye Libin, former chairman of China Tobacco Yunnan Industrial Co. Ltd., was charged with using his positions at the tobacco monopoly and as a senior local government official to offer favors for others in exchange for a large amount of bribes, according to the Dali Prefecture Procuratorate in southwest China’s Yunnan province.