|Lai Changxing is facing the music|
China's most-wanted fugitive who allegedly made millions of dollars has also confessed to these allegations.
"Lai and other key members of the syndicate have confessed to the facts of the smuggling and bribery without concealing anything," Xinhua said.
The report was the first update on Lai, 53, since he was repatriated back to China on July 23.
Xinhua says he is guaranteed his legal rights and was able to hire a lawyer.
Prosecutors in Xiamen, Fujian province will announce the indictment later. The charges of smuggling and bribery both carry a maximum penalty of life in prison.
One wonders how transparent this trial will be -- seeing as those involving Chinese with foreign passports are conducted behind closed doors it wouldn't be surprising if Lai's case was even more secretive.
In 2007, Gan Yisheng, deputy secretary of the Central Commission for Discipline Inspection, said Lai would not be sentenced to death if he returned. So Lai will be looking forward to a life in prison regardless of the verdict.
It may sound cushy compared to execution, but the government has not said anything about how he would be treated in jail...