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April 11, 2017

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Food chief sentenced for graft

A former vice president of Shanghai’s food giant Bright Dairy has been sentenced to three years with a five-year reprieve for taking bribes of more than 1.2 million yuan (US$173,730), said Minhang District People’s Court.

Li Ke, 49, helped Shanghai Xinyu Trade Co in business between the second half of 2007 and July 2010 while she was the marketing director of the state-owned Shanghai Bright Dairy and Food Co. In return, she accepted more than 900,000 yuan from Xinyu’s boss.

She also received a Bvlgari bracelet valued at 300,000 yuan from the operator of Shanghai Pantian Spice Co in return for business favors.

According to the court, Li confessed her crimes during an in-house investigation last September 6. The same day, Bright Dairy announced Li had resigned her position. She was detained but granted bail the next day. The court handed a suspended sentence down to her as she had admitted guilt and returned all of the ill-gotten gains. She was also fined 400,000 yuan.

Last November, Bright Dairy’s former president Guo Benheng was jailed for six years for taking bribes of about 3.3 million yuan for helping others, including his staff, win contracts and promotions, during his term in office from 1999 to 2014.

The bribes included millions of yuan and US dollars and expensive gifts, including travel packages, for his family.

Guo also quit his job after an anti-graft investigation was launched against him.

Another former executive, Wang Zongnan, who resigned his positions as president and Party chief in 2013, received an 18-year jail term in August 2015 for bribery and embezzlement, totaling almost 200 million yuan, while leading Lianhua Supermarket Holdings Co and subsidiaries.




 

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