Low-priced sale of state-owned assets over 300,000 loss will be prosecuted

Xinhua Beijing, May 18 (Xinhua Feng, Wei Wei) According to the "Supreme People's Procuratorate, the Ministry of Public Security of 18th issued by the Public security organs jurisdiction of criminal cases of prosecution standards (ii)", favoritism low price discount shares, the sale of state-owned assets caused by the national direct economic loss of more than 300,000 yuan, should be filed for prosecution. stipulates that a state-owned company, an enterprise or a competent officer directly responsible for its superior authority, favoritism, the state-owned assets of the low price discount stocks or low prices for sale, is suspected that one of the following circumstances, should be filed for prosecution: The amount of direct economic losses in the country above 300,000 yuan;　　Or the revocation of a license and business license, order closure, revocation, dissolution, or other circumstances that cause the national interest to suffer significant losses. The provisions are clear, state-owned companies, in the process of signing and fulfilling the contract, the competent personnel directly responsible for the enterprises and institutions shall be prosecuted for the following cases: The amount of the direct economic loss of the state is more than 500,000 yuan, and the relevant units are bankrupt, closed or discontinued for more than six months.　　Or the revocation of a license and business license, order closure, revocation, dissolution, or other circumstances that cause the national interest to suffer significant losses.　　According to regulations, financial institutions, engaged in foreign trade business activities of companies, enterprises, staff seriously irresponsible, resulting in more than 1 million U.S. dollars in foreign exchange is cheated or evasion more than 10 million U.S. dollars, should be filed for prosecution. The rules are also clear, state-owned companies, enterprises, public institutions staff, serious irresponsible, suspected that one of the following circumstances, should be filed for prosecution: The amount of direct economic losses in the country above 500,000 yuan, resulting in the bankruptcy of the relevant units, closed, discontinued for more than one year, or revoked the license and business license, ordered closure A situation in which a significant loss of national interest is caused.