Zhejiang A state-owned enterprise chairman involved in greed more than 63.11 million said to be forced to write repentance

Xinhua Hangzhou, July 9, July 9 morning, Zhejiang Provincial state-owned enterprises Zhejiang Petrochemical Building Materials Group Co., Ltd. former chairman of the Wang Xianlong bribery case in Zhejiang Quzhou Intermediate People's Court open trial. September 26, 2008, Wang Xianlong on suspicion of corruption was Quzhou Public Security Bureau criminal detention, the same year October 9 was arrested by law.　　Also arrested is the original Zhejiang Hualong Investment Development Co., Ltd. Deputy general manager, Zhejiang Asia-Pacific Real Estate Development Co., Ltd. General manager Zheng Yuming, the original Zhejiang Asia-Pacific Real Estate Development Co., Ltd. Chairman Kim Rubong, the original Zhejiang Asia-Pacific Real Estate Development Co., Ltd. Director Zhang Ruizu. In the court, the Quzhou people's Procuratorate to Wang Xianlong, Zheng Yuming, Kim Rubong, Zhang Ruizu prosecution, the indictment said: Wang Xianlong as a state-owned company accredited to Non-state-owned companies engaged in public service, the use of office facilities, led by the accused Kim Rubong, Zheng Yuming, Zhang Ruizu,　　The property of the unit 63.1128 million yuan illegally accounted for their own, and its behavior has constituted corruption crime. At the same time, prosecutors also accused in the indictment, from September 2002 to August 2005, Wang Xianlong use of authority, from Zhejiang China Mining Industry Joint Development Co., Ltd. to obtain 5% of the shares, and in the process of equity acquisition of a premium of 980,000 yuan, constitutes bribery. From November 2006 to August 2007, in the process of withdrawal, the shareholder of Hualong Company in Zhejiang Province, the real Estate Group Co., Ltd., Wang Xianlong in the knowledge that the value of Hualong shares is higher than the transfer price proposed by the Zhejiang Union, he strongly advocates abandoning the acquisition, obstructing the formation of the board resolution and failing to implement the preemptive and privately operated by another shareholder, half of which is part of the shareholder's share. The public prosecutor believes that the value of the company's equity valuation on August 31, 2007 is 21.37 yuan per share, which directly resulted in the loss of national interest of more than 200 million yuan, has constituted the crime of abuse of power of state-owned companies.　　>> Details • Trial site · Wang Xianlong full retract shouted "wronged" said "was forced to write repentance" according to Justice Network reported that 9 o'clock in the morning today, Zhejiang Province, the largest court of Quzhou Intermediate Court, packed with from Hangzhou, Taizhou and other land from the more than 200 audit audience. Zhejiang Petrochemical Building Materials Group Co., Ltd. former chairman, Zhejiang Hualong Investment Development Co., Ltd. original chairman, general Manager Wang Xianlong (stall class) for alleged corruption, bribery, state-owned company personnel abuse of crime stand in the defendant's seat to be tried.　　And he was on trial with the former chairman of Zhejiang Asia-Pacific Real Estate Development Co., Ltd. Kim Rubong, Zhejiang Hualong Investment Development Co., Ltd. former deputy general manager, Zhejiang Asia-Pacific Real Estate Development Co., Ltd. former general manager Zheng Yuming, Zhejiang Asia-Pacific Real Estate Development Co., Ltd., the original director of Zhang Ruizu, three people suspected of Quzhou Procuratorate charges, state-owned enterprises Zhejiang Petrochemical Building Materials Group Co., Ltd. Zhejiang Hualong Investment Development Co., Ltd. (hereinafter referred to as "Hualong Company") of the major shareholders, Wang Xianlong, Zheng Yuming by its appointment to Hualong Company, Wang XianlongAs chairman of Hualong Company, General Manager, Zheng Yuming as a director, deputy general Manager. From 2003 to 2006 April, Wang Xianlong used the convenience of holding the above positions, in partnership with Kim Rubong, Zheng Yuming, Zhang Ruizu, Zhejiang Taizhou Luqiao District Luo Yang Street South Village project land transfer Gold return, Taizhou Zhang Ao Project Resettlement Room, part of the purchase of the Unit property for its own, a total of 63.1128 million yuan. At the same time, the procuratorial organs also accused, in September 2002, Hualong Company, Zhejiang China Mining Industry Joint Development Co., Ltd. jointly funded 31 million yuan, set up a new Oriental Investment Co., Ltd., the operation of Hangzhou Bingjiang District Joint office Building "Hualong International Mansion" project. In August 2005, Wang Xianlong received 5% of the premium from the cooperation unit 980,000 Yuan. In addition, in November 2006, Zhejiang Union Real Estate Group Co., Ltd. to invest in the investment after the withdrawal of cooperation, and hope that the transfer of 35% of the shares held, Hualong investment in the remaining shareholders in which the right to buy. At that time, there were 5 directors in the board who advocated the acquisition, Wang Xianlong in the knowledge that the value of the company's shares is higher than the price of the transfer of the real estate, but the price of 8.66 yuan per share is too high, state-owned companies to the state-owned assets of the regulatory authorities to approve the approval, etc., strongly advocated to abandon the acquisition, obstruction of the formation of　　and conspiracy finally by his brother-in-law held by the company to buy the above 35% shares at a low price, so that the petrochemical building materials group caused nearly 240 million yuan economic losses. "Is not the truth, I was wronged!" are normal business cooperation. "Quzhou prosecutors in Wednesday only just 6,000 words of the indictment was read out, Wang Xianlong will completely overthrow him in the discipline Inspection Department to receive investigations, procuratorial organs investigation, review the prosecution stage of all the confession, the prosecution of three of the facts of crime pushed clean." When the prosecutor pointed out that he had previously made 11 guilty statement, Repentance, who wrote three copies of "profound, deep reflection in the Soul", Wang Xianlong stood up in some excitement and shouted: "Those are forced and untrue, and the statement of the Court today shall prevail."　　", and play" sad Feeling Card ", red eye socket, talk choked ... In the ensuing court investigation stage, confronted with prosecutors, defenders, and judges, Wang Xianlong to answer "No, I don't know", and then went on to defend myself. Reporters deliberately counted, in the morning nearly two hours of his court investigation, he appeared in total 58 times "No, do not know." As he was so far off, he was drunk by the judge many times. The court adjourned at 12 o'clock noon.　　At this time, Wang Xianlong family and Zheng Yuming family began to quarrel, one said Wang Xianlong guilty, one said Zheng Yuming harm, from the court has been noisy outside the court until the bailiff to stop. 1:30 P.M., continued the trial, still in the court investigation stage. Wang Xianlong The excuse, let a lot of listening to the crowd sleepy. By 5:00, it was the turn of the court to investigate the second defendant, Kim Rubong. However, claiming to "graduate from primary school, do not speak Mandarin "gold such as a friend of Taizhou dialect makes the trial very laborious.　　And, somewhat unexpectedly, Kim Rubong in for his own confession, but also strive for Wang Xianlong feel. As of the press release Evening 21 o'clock, the trial continues. According to the judge, the trial will be postponed to 22 points, 10th will also be heard one day. We will continue to follow up on this case.