35 SOE bosses caught last year
THIRTY-FIVE senior executives of large Chinese state-owned enterprises, such as former Sinopec Chairman Chen Tonghai, faced corruption charges last year.
A report by Faren Magazine, affiliated to the Legal Daily and overseen by the Ministry of Justice, examined 95 serious criminal cases of executives of both state and private companies last year.
Thirty-one of the SOE executives were involved in cases involving an average of 110 million yuan (US$16.18 million).
Of those, 28 were charged with taking bribes, 16 with embezzlement and eight with misappropriation of public funds.
The only case still under investigation was that of Kang Rixin, who was removed in August as Party secretary and general manager of the China National Nuclear Corporation. He also served as a member of the Central Commission for Discipline Inspection of the Communist Party of China, the party's internal anti-graft body.
Another prominent case was that of Chen Tonghai, former general manager of China Petrochemical Corporation, who was found to have taken almost 200 million yuan in bribes and given a death sentence with a two-year reprieve in July.
The report said two SOE executives were sentenced to death last year for graft.
Li Peiying, former president of the Capital Airports Holding Company, was executed in August for taking about 26.61 million yuan in bribes.
Yang Yanming, a former senior trader with a securities company, was executed last month for embezzling and misappropriating 94.52 million yuan of public funds.
A report by Faren Magazine, affiliated to the Legal Daily and overseen by the Ministry of Justice, examined 95 serious criminal cases of executives of both state and private companies last year.
Thirty-one of the SOE executives were involved in cases involving an average of 110 million yuan (US$16.18 million).
Of those, 28 were charged with taking bribes, 16 with embezzlement and eight with misappropriation of public funds.
The only case still under investigation was that of Kang Rixin, who was removed in August as Party secretary and general manager of the China National Nuclear Corporation. He also served as a member of the Central Commission for Discipline Inspection of the Communist Party of China, the party's internal anti-graft body.
Another prominent case was that of Chen Tonghai, former general manager of China Petrochemical Corporation, who was found to have taken almost 200 million yuan in bribes and given a death sentence with a two-year reprieve in July.
The report said two SOE executives were sentenced to death last year for graft.
Li Peiying, former president of the Capital Airports Holding Company, was executed in August for taking about 26.61 million yuan in bribes.
Yang Yanming, a former senior trader with a securities company, was executed last month for embezzling and misappropriating 94.52 million yuan of public funds.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.