The founder of Evergrande, the property giant at the centre of China's housing market slump, has been sentenced to life in prison.
All of his personal property has also been confiscated. Hui Ka Yan, pleaded guilty in April to several charges, including embezzlement of assets and corporate bribery.
Shenzhen Intermediate People's Court also fined his former companies a total of 15.82bn yuan (£1.73bn; $2.35bn) over multiple crimes, including falsifying records and concealing debt.
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