Former China Southern execs plead guilty to accepting bribes

Two former China Southern executives, including the firm's ex-chief financial officer, have pleaded guilty to accepting bribes, the official news Xinhua agency said. In January, China Southern said its CFO, Xu Jiebo, along with three other senior executives were under investigation and sacked for suspected criminal wrongdoing. Xu, who faced trial in a Shenzhen court on Wednesday, had accepted US$1.07m in bribes and sought gains for others in construction and aircraft renting projects, Xinhua said. Zhou Yuehai, former vice general manager, was also charged with accepting bribes of about CNY600,000 yuan and seeking gains for others in adding air routes and the supply of airline food, according to the court.<br/>