综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Business / Companies

State-owned company boss sentenced to death for graft

By Zhou Wenting in Shanghai (China Daily) Updated: 2012-05-23 10:33

The former chairman of a State-owned food enterprise was sentenced to death with a two-year reprieve for a massive graft case involving more than 370 million yuan ($58.5 million).

Ying Guoquan, who had been found guilty of graft, embezzlement, illegal distribution of State assets and taking bribes, was sentenced by a court in Zhejiang province on Tuesday.

A death sentence with a two-year reprieve is usually reduced to life in prison if the convict behaves well when serving the term.

Another 15 former senior executives of the enterprise, Wenzhou Cailanzi Group, were sentenced to prison terms ranging from three to 13 years.

"The corruption case involving the group is the most serious of its kind in the province, and many people involved were county-level officials," said Dong Zhongbo, a publicity officer at the Wenzhou Intermediate People's Court.

The group, founded in 1998, is Wenzhou's largest enterprise for food production and processing, supplying 99 percent of the pork and 98 percent of the vegetables in the city.

It is the only manufacturer of soybean products in Wenzhou, according to the group's website.

Ying, 58, established another company named Wenzhou Cailanzi Development Co in 2003 with 80 percent of the shares owned by individuals. Ying's son Ying Feihang was a large shareholder.

The court heard that Yang used the new company to misappropriate State assets and illegally transferred State assets to the company, which was under his control.

Ying was also convicted of illegal distribution of State assets because he made false reports about the number of workers at the group and the total wages during 1998 and 2007.

Most of the defrauded money, nearly 12 million yuan, was distributed to senior executives.

The son, Ying Feihang, who was executive deputy general manager of Wenzhou Cailanzi Development Co, was sentenced to three years in prison on charges of embezzlement.

The investigation into Ying and the other executives was opened at the end of 2010 when authorities scrutinized the operation and management of the group, a worker at the group told China Daily over the phone on Tuesday. He declined to give his name.

The case is one of a string of corruption cases in which senior executives in State-owned enterprises were prosecuted in recent years.

Shen Wei, an accountant at Wenzhou Longfa Transport Co, was sentenced to death with a two-year reprieve in November after being found to have embezzled public funds of up to 13 million yuan during two years of employment.

Wang Guanchao, former board chairman of Beijing Sanjiu Automotive Industrial Co, was sentenced to death with a two-year reprieve in July. He was convicted of embezzling more than 26 million yuan in State assets, and misappropriating 4 million yuan for his personal business.

zhouwenting@chinadaily.com.cn

Hot Topics

Editor's Picks
...
保靖县| 鄄城县| 岐山县| 长汀县| 灵璧县| 苏州市| 临潭县| 长白| 巩义市| 永年县| 河北区| 襄城县| 寻甸| 那坡县| 年辖:市辖区| 随州市| 红河县| 双柏县| 永登县| 自治县| 衡阳市| 庐江县| 巩留县| 息烽县| 莱州市| 南华县| 原平市| 安岳县| 疏附县| 二连浩特市| 四会市| 宁河县| 屏东市| 阿拉善左旗| 东乡县| 崇义县| 洪泽县| 永靖县| 安达市| 绿春县| 博野县|