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Life in jail for bosses over building collapse
TWO property developers of the collapsed building in Shanghai's Lotus Riverside residential complex were sentenced to life in jail today by Shanghai Intermediate People's Court.
Que Jingde, 52, former board chairman of Shanghai Meidu Real Estate Developer Co Ltd, also had 2 million yuan (US$293,028) of his personal wealth confiscated, while his former deputy Zhang Zhiqin, 51, had 5 million yuan confiscated, Eastday.com reported.
Que and Zhang were convicted of mishandling 33.7 million yuan of state-owned assets in Meidu and Zhang was also convicted of embezzling more than 44 million yuan from public funds.
They have retuned the money involved.
The building toppled on June 27, 2009, killing a worker and causing direct economic losses of 19.46 million yuan.
Zhang was accused of being directly responsible for the collapse by giving incorrect orders.
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