The investigation of the Xiao Jianhua case has been completed and entered the judicial procedure.(Internet)
(Hong Kong Comprehensive News) According to Hong Kong media reports, the case of Xiao Jianhua, a Chinese capital crocodile or a trial before the end of June. Because Xiao Jianhua cooperated with the investigation, he might get a light penalty.
The South China Morning Post quoted insiders in Beijing and Hong Kong that the investigation of the Xiao Jianhua case has been completed and entered the judicial procedure, and it is expected to open a trial in May or June.
After returning from Hong Kong to the mainland, I lost contact for more than a year
Xiao Jianhua will not be able to know what he is facing, but the source said that due to his good attitude, he should not be as serious as Wu Xiaohui, the former chairman and general manager of Anbang Insurance Group.Wu Xiaohui was charged with funding fraud at the end of last month and crimes of funds and duties. If he was established, he could be sentenced to life imprisonment. He was also accused of trying to conceal and cover up the facts of the crime, and disagreed in the court, saying that he did not understand the law.
46 -year -old Xiao Jianhua is the actual controller of the Tomorrow Department of China Financial Capital Group. In early 2017, he was brought back to the mainland by Chinese officials from Hong Kong. After more than a year, there was no news from the outside world.Content.
Xiao Jianhua was suddenly brought back to the mainland. It is believed that it was related to the control of the Chinese stock market in 2015 and plummeted. In addition, it was reported that Xiao Jianhua also involved the case of corruption of Ma Jian, deputy minister of the Ministry of National Security.
Sina.com earlier quoted the Shanghai Trust Circle Public Account that Tomorrow Holdings Group will cut 150 billion yuan (S $ 31.3 billion) assets this year to repay bank loans.Earlier, since Xiao Jianhua returned from Hong Kong to the mainland, the department has been diverted by about 100 billion yuan assets tomorrow.After the asset disposal is completed this year, the risk of tomorrow is considered to fall to a fairly controllable range.
Once the investment consultant for some Chinese seniors
The Nanhua Morning Post had previously quoted people familiar with the matter that divesting assets was the request of the Beijing authorities, because the risks accumulated tomorrow were enough to endanger China's financial security.
According to public information, it is at least nine listed companies tomorrow, with as many as 44 financial institutions holding shares, including 17 banks, nine insurances, eight securities, four trusts, two funds, two futures, financial leases, financial leasingOne; the total asset scale of the financial institutions controlled by it exceeds 3 trillion yuan, which is equivalent to the asset scale of a medium -sized financial institution in China.
Hu Runbaifu estimated in 2016 that Xiao Jianhua personally owned 40 billion yuan of wealth, ranking 398th in the global rich list and 32 Chinese rich lists.
Xiao Jianhua is considered to be an invisible richest man who is closely related to China's political relationship. He has served as an investment consultant for some high -level Chinese seniors and has spanned the fields of banking, insurance and investment funds.According to the British Financial Times, Xiao Jianhua continuously transferred the company to a more profitable field through establishing a relationship with government officials. In the era when the capital market started, he became one of the first high -level financial circles with close relationships with political circles.
