--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service


Hot Links
China Development Gateway
Chinese Embassies

Corporate Executives Jailed for Fraud, Embezzlement

Three corporate executives and a securities clerk were given prison terms ranging from three to ten years for fraud and embezzlement at Yunnan Provincial Higher People's Court Friday.

Zhao Zhiguo, former chairman of Zunrong Group Co., Ltd. based in Shenzhen City, Guangdong Province, was sentenced to 10 years in prison. Lu Youzhen, former chairman and general manager of Yuntong Enterprises Group Co., Ltd. of Shenzhen City, would be jailed for seven years.

 

Luo Jiang, former general manager and legal representative of International Economy and Technology Industrial Company of Hainan Province, was sentenced to five years in jail, while Lu Wei, former head of Shenzhen operations with Yunnan Provincial Securities Company, was given three years in prison.

 

Friday's ruling was final.

 

The court heard that on May 8, 1992, Saige Garden Industry Construction Co., Ltd. of Dongguan City, Guangdong Province, was launched by six companies with a total investment of 29.58 millionUS dollars, including Luo Jiang's company and a Hong Kong company.Zhao Zhiguo was appointed chairman of the new company, while Lu Youzhen was general manager.

 

Zhao and Lu collaborated with Luo Jiang in illegally appropriating 80 million yuan of capital belonging to Yunnan Provincial Securities Company by forging facts or hiding truth under the cloak of an economic contract signed between Luo Jiang's company and Yunnan Provincial Securities.

 

Ten million yuan of the money, with a power of attorney given by Luo Jiang's company, had vanished since it was successfully funneled into an account in Beijing.

 

While operating by contract the Yunnan Provincial Securities Company's business in Shenzhen, Lu Wei and Zhao Zhiguo also violated state laws and contractual obligations and embezzled at least 129 million yuan of the Yunnan Provincial Securities' money for Zunrong Group and Yuntong Group.

 

(Xinhua News Agency December 19, 2003)

Corrupt Official Sentenced to Death
China Plans Crackdown on Capital Flight
Illegal Funds Uncovered in Audit
Three Charged With Taking Poverty Funds
Couple Executed for Embezzlement
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright ©China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 波多野结衣bt| 荡乱妇3p疯狂伦交下载阅读| 处破女第一次亚洲18分钟| 中文字幕第一页亚洲| 日韩精品一区二区三区老鸦窝| 亚洲欧美日韩天堂一区二区| 男生和女生一起差差差差| 四虎影视在线观看永久地址| 香蕉人人超人人超碰超国产| 国产真实乱偷人视频| 2021成人国产精品| 国模欢欢炮交啪啪150| eeuss影院在线观看| 小蝌蚪视频在线观看www| 中文字幕成人在线观看| 日本三级韩国三级欧美三级 | 国产美女a做受大片观看| 99精品在线免费观看| 天天躁日日躁aaaaxxxx| а√最新版地址在线天堂| 性生活大片免费看| 中文字幕亚洲欧美日韩不卡| 无码人妻丰满熟妇区五十路百度| 久久午夜福利电影| 日韩一区二区在线免费观看| 久久综合丝袜日本网| 日韩视频中文字幕专区| 五月婷婷久久综合| 最近中文字幕视频高清| 亚洲Av鲁丝一区二区三区 | 四虎1515hh永久久免费| 国产精品亚洲片在线| 131美女爱做免费毛片| 国产精品毛多多水多| 4hu四虎永久免在线视| 国产精品自在拍一区二区不卡| 91亚洲国产在人线播放午夜| 国产高清乱理论片在线看| 91麻豆精品国产一级| 国内精品久久久久久久97牛牛| 999国产精品999久久久久久|