Beijing No. 2 Intermediate People's Court has sentenced Wang
Yue, a former official of Ministry of Commerce to 10 years in
prison at the second trial for receiving bribes to invest in stock
market.
According to the court verdict, Wang received 100,000 yuan of
bribes from a Beijing-based real estate company in 1999 when she
worked in a division under the Finance Department of the former
Ministry of Foreign Trade and Economic Cooperation. She was then
responsible for buying apartments for the staff of the
ministry.
Wang later on entrusted others to invest part of the 100,000
yuan of illicit money into stock market.
Beijing Dongcheng District Court sentenced Wang to 10 years in
prison at first trial, Wang then appealed to the Beijing No.2
Intermediate People's Court.
The Beijing No. 2 Intermediate People's Court held that Wang, as
a state officer, took advantage of her post to receive bribes and
seek profits for others in return. Her wrongdoing committed the
crime of bribery.
The Court upheld the ruling given at the first trial and asked
to recover the 100,000 yuan of illicit money.
(Xinhua News Agency September 15, 2007)