Former vice governor of Guizhou Wang Xiaoguang use of insider information to profit 160 million stocks

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 Former vice governor of Guizhou Wang Xiaoguang use of insider information to profit 160 million stocks


Chongqing City Peoples Procuratorate indictment: 1998 to 2017, the defendant Wang Xiaoguang has served as the Wudang District of Guiyang City Peoples Government District, Guiyang Municipal Committee, Wudang party secretary, vice mayor of Guiyang Municipal Peoples government, the CPC Guiyang Municipal Committee, secretary general, deputy secretary of the CPC Zunyi Municipal Committee, deputy mayor, acting mayor, Zunyi Municipal Peoples government the mayor of Liupanshui, the Communist Party of China Office of secretary of municipal Party committee, Secretary of the CPC Zunyi Municipal Committee of the CPC Guizhou Provincial Committee, and the convenience and advantage of their functions and status form, to provide help for the relevant units and individuals to solve the equity transfer problems, contract projects, finance for projects and promotion and other matters, directly or through their close relatives illegal the accepting units and individuals to give The property totaling RMB 48 million 704 thousand and 350 yuan. From 1999 to 2000, the defendant Wang Xiaoguang served as the Guiyang city Wudang District Peoples government duty, fictitious projects, illegal access to pre registration of the right to the use of 15.11 acres of barren land, taken by the government after the first subordinate units repurchase and then sold to other companies, illegal land acquisition compensation 5 million yuan. From August 2009 to February 2016, the defendant Wang Xiaoguang use their positions to facilitate the work, knowledge or illegally obtain insider information from others, directly or by their relatives in the sensitive period of insider information to buy shares, the cumulative turnover totaled RMB 4.9 million yuan, total profit of RMB 1.6 million yuan. For taking bribes, embezzlement, crime of insider trading criminal responsibility Wang Xiaoguang.

In the trial, the prosecution presented evidence, Wang Xiaoguang and his defenders were cross examination, both parties fully express the debate, Wang Xiaoguang also made a final statement in court, pleaded guilty to repentance.

Peoples Congress, journalists and people from all walks of life of more than 70 people to attend the trial.

Finally, the court adjourned the trial, scheduled for sentencing.

This article source: Chongqing Municipal Higher Peoples court editor: Zhang Xianchao _NN9310