A Chinese court on Friday sentenced Lai Changxing, a tycoon who spent more than a decade as a fugitive in Canada, to life in prison for smuggling and bribery, the state-run news agency Xinhua reported.
Lai, 53, was sentenced by a court in the southeastern port city of Xiamen in Fujian Province, where the Chinese authorities say he ran a multi-billion dollar smuggling operation in the late 1990s.
Born into a peasant family, Lai received little in the way of education. He nonetheless rose to become one of China's richest and most flamboyant businessmen.
His company's interests included products as varied as cigarettes, cars, luxury goods and oil.FULL STORY