中航油獲刑高管陳久霖復出后任央企副總

Chen Jiulin, ex-chief executive of China Aviation Oil (Singapore) Corp, has been recently appointed as vice president of state-owned construction firm CGGC International Company Ltd.

        曾經的中國航油（新加坡）股份有限公司總裁陳久霖在出獄一年半后重回公眾視野，身份已變成中國葛洲壩集團國際工程有限公司的副總經理。

       國有航油供應商中航油于2004年瀕臨破產；作為主要責任人，陳久霖被新加坡法院判處四年零三個月的監禁和33.5萬新元的罰款。陳成為第一個因內幕交易罪而在國外獲刑的中國央企高管。

       中航油自1993年成立之后持續虧損。1997年，陳久霖接手中航油，出任執行董事兼總裁，迅速領導公司擺脫困局，扭虧為盈。

       然而，據普華永道作出的調查報告，2004年中航油因從事石油投機和衍生品交易導致5.5億美元的巨額虧損，而陳久霖在這些事件中扮演了關鍵角色。

       2009年1月20日刑滿出獄后，陳久霖透露自己希望再度從事石油行業的工作，并連續發表了三篇文章，為提高我國能源安全出謀劃策。然而，陳最終選擇了一家建筑央企復出。

       中國葛洲壩集團股份有限公司是一家由國務院國有資產監督管理委員會管理的特大型中央企業。葛洲壩國際公司是其下屬子公司，2006年1月在北京成立，注冊資本金達3.8億元。

Jailed oil exec Chen Jiulin fills top SOE post

Just a year and a half after emerging from a Singapore prison, Chen Jiulin, ex-chief executive of China Aviation Oil (Singapore) Corp, has been appointed vice president of state-owned construction firm CGGC International Company Ltd.

Chen was sentenced to a prison term of four years and three months and fined US$207,500 for his pivotal role in the 2004 near-collapse of the Beijing-backed jet fuel trader, CAO (Singapore) Ltd. He was the first top state executive to be sent to prison abroad for insider trading.

Chen took over the helm of CAO (Singapore) Ltd. in 1997, and served as Managing Director, and CEO. The company, which suffered losses in the two years following its establishment in 1993, returned to profitability under Chen's leadership.

According to a 2004 report by PricewaterhouseCoopers, CAO (Singapore) Ltd suffered huge losses to the tune of US$550 million, due largely to speculation and unwise derivatives trading. Chen played a key role in the scandal.

Chen was released from prison on January 20, 2009. He published three articles about China's energy security, indicating his interest in returning to the oil industry. But his eventual comeback was as a top executive of a construction company.

CGGC International Company Ltd is a subsidiary of China Gezhouba Group Corporation, a large state-owned enterprise supervised by the State-owned Asset Supervision & Administration Commission of the State Council. It was established in Beijing in January 2006 with a registered capital of 380 million yuan (US$55.78 million).

(China.org.cn by Wu Nanlan, June 24, 2010)