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March 1, 2013

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Uni chief tried for bribes of 1.13m yuan

A FORMER local university president accused of taking bribes of 1.13 million yuan (US$181,591) stood trial yesterday at the Shanghai No. 2 Intermediate People's Court.

Xu Xiaoming, 56, former president of University of Shanghai for Science and Technology, showed up in a dapper black suit. He was accused of taking three bribes between 2001 and 2011. Among the posts he held at various times during those years was vice president of Shanghai Jiao Tong University, chairman of a business belonging to that school, Shanghai Jiao Da Onlly Co Ltd, and president of the science university.

Prosecutors said Xu was bribed because he was in charge of managing school-run industries.

Xu was accused of taking equity dividends of some 880,000 yuan from Lan Xiande, former CEO of Shanghai Jiao Da Onlly Co Ltd from 2003 to 2007. Prosecutors also said he took about 150,000 yuan from the former general manager of Shanghai Jiao Tong University Science Park, surnamed Qian, and US$15,000 from Shanghai Netcast Electronics Technology Co. No verdict was announced.

"I had refused twice because I knew I could not become a shareholder due to my position as the vice president," Xu said. Prosecutors said an Onlly accountant used copies of Xu's personal information to open an account and put 200,000 shares under Xu's name.


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