Supreme court reviewing death sentence for woman tycoon

The Supreme People's Court (SPC) of China is reviewing the death sentence on a financial fraud case involving Wu Ying, an SPC spokesman said Tuesday.

Sun Jungong, the spokesman, said at a press conference that the financial fraud case in the capital circulation sector involved a huge amount of money, and the case was quite complicated.

The SPC will, based on legal procedures, scrutinize the facts and evidence relating to the case during the review process and prudently handle the case according to law, Sun said.

The Higher People's Court of east China's Zhejiang Province in January upheld the death penalty for businesswoman Wu Ying, who was convicted of cheating investors out of several hundred million yuan.

The fraud case had drawn extensive attention from the media and public during the first and second trials, according to Sun.