Published on: 2026-06-25
Source: People’s Republic of China in Russian –
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Beijing, June 25 /Xinhua/ — From January 2025 to May 2026, prosecution authorities across China have brought charges against more than 1,200 individuals for crimes related to money laundering and drug trafficking, said Miao Shenmin, Deputy Prosecutor General of the Supreme People’s Procuratorate (SPP) of China, on Thursday at a press conference.
Miao Shenmin noted that the country’s prosecution authorities carefully investigate crimes related to money laundering, suppress them, and also actively carry out the confiscation of illegal assets obtained from drug trafficking.
Miao Shenmin added that in the case of one particularly large case involving cross-border smuggling, trafficking, drug transportation, and money laundering, a defendant named Li was sentenced to death in accordance with the law for a series of crimes. According to case materials, he managed to launder more than 48 million yuan (about 7.04 million dollars) in US virtual currency. -0-
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