Women Secretaries of Guangzhou State-owned Enterprises Borrowed Public Funds to Stir-fry Buildings and Share 30 Million Bribes with People

category:Hot
 Women Secretaries of Guangzhou State-owned Enterprises Borrowed Public Funds to Stir-fry Buildings and Share 30 Million Bribes with People


Lending public funds to people to speculate in property and accepting bribes of 15.4 million yuan

Guangzhou Yuexiu Enterprise (Group) Co., Ltd. (Small Yuexiu Company) was founded in 1985 and is a nationwide owned enterprise. Guangzhou City Construction and Development Co., Ltd. is a Sino-foreign joint venture. The above two enterprises are subordinate companies of Guangzhou Yuexiu Group Co., Ltd. (wholly state-owned).

From August 2006 to February 2007, the defendant, Shang Mouying, took advantage of his position as secretary of the Party Committee of Yuexiu Enterprise (Group) Company in Guangzhou and Liang Moupan, who was also general manager of the company, accepted the entrustment of businessman Liang Mou and others, offered assistance in lending public funds to businessman Liang Mou and others in investing and selling property, and jointly accepted Liang Moupan from businessman. The bribe was RMB 15.4 million. Shang Mouying instructed her husband Wang Mou to provide bank accounts to receive and distribute the above stolen money. Among them, 8.95 million yuan was transferred to Liang Moupan, and Shang Mouying and Wang Mou received 6.45 million yuan in bribes.

The case shows that Liang Mou, a businessman, is the owner of a grain and oil reserve Trading Company in Guangzhou. Before the case, he had been speculating in the sale of judicial auction properties. In 2006, businessman Liang Mouying planned to invest in the 2-4 storey commercial skirt building of Ruihua Building and the 1-3 storey building of Guangdong, Hong Kong and Macao Building. Because of lack of funds, he found Shang Mouying to raise funds from his small Yuexiu company.

By the end of 2010, Liang Mou, a businessman, had made money by selling the above two projects. According to Shang Mouyings request, he had made a profit score of 15.4 million yuan into her husband Wang Mous bank account for many times and allocated it.

According to a person in charge of Guangzhou Yuexiu Group, when Liang Moupan and Shang Mouying worked in Xiaoyuexiu Company around 2006, they reported to him the problem of borrowing funds to other companies to earn interest. He suggested that they consult the Finance Department of Yuexiu Group and Guangzhou SASAC. Later, they told him that after consulting the then chairman of Yuexiu Group, the chairman agreed, but only on the premise of ensuring the safety of the companys funds. Later, it was put into practice.

According to the defendant Shang Mouyings statement, the reason why she let businessman Liang Mou transfer profit to her husbands account is that she and Liang Moupan are both state-owned enterprise workers, and the money transferred to their bank cards is suspicious.

Transfer a plot of land by helping others to take bribes of 20 million yuan

Another criminal fact of the defendant, Shang Mouying, occurred between 2009 and 2011. The trial of Guangzhou Intermediate Court found that the defendant Shang Mouying took advantage of the convenient conditions formed by the position of Secretary and General Manager of the Party Committee of Guangzhou Yuexiu Enterprise (Group) Company, and accepted the entrustment of Lin Mou and Lu Mou through the position of Liang Moupan, who had already served as General Manager of Guangzhou City Construction and Development Co., Ltd., to acquire a company owned by Chaozhou City Construction and Development Co., Ltd. in Shenyang City. In the course of the land project, we offered assistance and jointly received bribes of over HK$23.65 million (equivalent to RMB 20 million) from Lu Mou.

According to witness Lu Mou, he is the owner of an investment company in Chaozhou. In 2004, 380 million yuan was spent on a 1,000 Mu plot of land in Shenyang. However, in the process of development, there are many difficulties brought about by cross-regional and North-South differences, so at the end of 2008, we want to resell the land.

Later, Lu met Liang Moupan, general manager of Yuexiu Real Estate Company (Guangzhou City Construction and Development Co., Ltd.) through Linmou, a Chaozhou native, and discussed that Yuexiu Real Estate Company should buy the land. The two sides finally negotiated a land purchase price of 1.038 billion yuan.

In 2011, after receiving 1.038 billion yuan of land purchase from Yuexiu Real Estate, Lu transferred the previously agreed commission of 20 million yuan corresponding to Hong Kong dollars to the account of Wang Mou, Shang Mouyings son, in Hong Kong as required.

According to Lu, the key figure in the acquisition was Liang Moupan, who he could not reach at all. Linmou, the middleman, confirmed that he only knew Shang Mouying, the general manager of Yuexiu Enterprise (Group), but Shang Mouying and Liang Moupan were familiar with each other. In those years, Yuexiu Real Estate was exploring foreign markets. He called Shang Mouying and asked Liang Moupan to come out for dinner.

Fifteen yearsimprisonment in the First Trial

As for the case, the Guangzhou Intermediate Court believes that Shang Mouying and Liang Moupan are the main leaders of state-owned enterprises, and they should be regarded as state functionaries to meet the main requirements of bribery crime. Shang Mouying and Liang Moupan used their official convenience to lend the companys public funds to people to invest and speculate in property for profit. They charged 15.4 million yuan after the event, and satiated their private pockets. Their behavior should be investigated for criminal responsibility for bribery. Shang Mouying also partnered with Liang Moupan and took advantage of the latter to serve as the general manager of Guangzhou City Construction and Development Co., Ltd. in the course of the companys land acquisition project, he sought profits for Lu Mou. After that, he jointly received Hong Kong dollar 23.65 million (equivalent to RMB 20 million) from Lu Moupan through his son Wang Moupus account in Hong Kong, which should be punished as bribery. In light of the fact that Shang Mouying did not constitute surrender, made meritorious contributions, and received extraordinarily large amounts of bribes, the Guangzhou Intermediate Court sentenced Shang Mouying to 15 yearsimprisonment and a fine of 3 million yuan at the first instance for the crime of accepting bribes. The illegal income of Shang Mouying and his co-worker Liang Moupan who took bribes together was recovered and surrendered to the treasury.

As for the case, the Guangzhou Intermediate Court believes that Shang Mouying and Liang Moupan are the main leaders of state-owned enterprises, and they should be regarded as state functionaries to meet the main requirements of bribery crime. Shang Mouying and Liang Moupan used their official convenience to lend the companys public funds to people to invest and speculate in property for profit. They charged 15.4 million yuan after the event, and satiated their private pockets. Their behavior should be investigated for criminal responsibility for bribery.

Shang Mouying also partnered with Liang Moupan and took advantage of the latter to serve as the general manager of Guangzhou City Construction and Development Co., Ltd. in the course of the companys land acquisition project, he sought profits for Lu Mou. After that, he jointly received Hong Kong dollar 23.65 million (equivalent to RMB 20 million) from Lu Moupan through his son Wang Moupus account in Hong Kong, which should be punished as bribery.

In light of the fact that Shang Mouying did not constitute surrender, made meritorious contributions, and received extraordinarily large amounts of bribes, the Guangzhou Intermediate Court sentenced Shang Mouying to 15 yearsimprisonment and a fine of 3 million yuan at the first instance for the crime of accepting bribes. The illegal income of Shang Mouying and his co-worker Liang Moupan who took bribes together was recovered and surrendered to the treasury.