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The former head of Chinese liquor firm Kweichow Moutai, the world’s most valuable spirits company, has been jailed for life for taking more than US$17 million (RM71.4 million) in bribes.

Yuan Renguo, 64, was found guilty of accepting cash and properties worth more than US$17.5 million while working at Kweichow Moutai between 1994 and 2018, according to a court statement yesterday.



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