The Supreme People's Procuratorate reported on the 7th that the case of Lai Xiaomin, the former party secretary and chairman of China Huarong Asset Management Co., Ltd., was investigated by the National Supervisory Commission and transferred to the procuratorate for review and prosecution.Under the designated jurisdiction of the Supreme People's Procuratorate, the Second Branch of the Tianjin Municipal People's Procuratorate will review and prosecute.
Recently, the Second Branch of the Tianjin People's Procuratorate made a decision to arrest Lai Xiaomin in accordance with the law.The case is under further processing.
On October 15, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission released a message: A few days ago, the Central Commission for Discipline Inspection and the National Supervisory Commission conducted a review and investigation of Lai Xiaomin, the former party secretary and chairman of China Huarong Asset Management Co., Ltd. for serious violations of discipline and law.
After research at the meeting of the Standing Committee of the Central Commission for Discipline Inspection, it was decided that Lai Xiaomin would be expelled from the party; the State Supervisory Committee would dismiss him from public office; confiscate his disciplinary and illegal income; transfer his suspected crimes to the procuratorate for review and prosecution according to law, and the property involved would be transferred with the case.
In the double circular to Lai Xiaomin, the Central Commission for Discipline Inspection mentioned that he engaged in beautification and propaganda of individuals to gain political capital.This expression is relatively rare in previous notifications.
According to the report, after investigation, Lai Xiaomin violated political discipline and rules, violated the central financial work guidelines and policies, blindly expanded, and disorderly operation caused the company to seriously deviate from its main responsibility and main business, and failed to fulfill the main responsibility of comprehensively and strictly governing the party, causing bad political influence;Engage in political speculation, gain connections for personal promotion, beautify and publicize individuals, gain political capital, participate in superstitious activities, and resist organizational censorship.
Violating the spirit of the Eight Central Regulations, focusing on ostentation, ostentation, squandering and wasting state property, organizing public banquets in violation of regulations, frequently accepting banquets from private business owners in private clubs and high-end restaurants, and arranging or accepting public funds from subordinate units to receive relatives for travel.
Violation of organizational discipline, engaging in non-organizational activities during the election of deputies to the National People’s Congress and the recommendation of cadres, and the selection and appointment of cadres on the basis of power, profit, and circle, seriously polluting the political ecology of the enterprise;Explain the problem truthfully, and do not report personal matters in accordance with the regulations.
Violating integrity and discipline, accepting gifts and gift money, using power or position influence to make profits for relatives and friends, engaging in power and sex transactions with many women.Violation of work discipline, violation of regulations to decide major issues of the company, leapfrogging to intervene in specific projects.Taking advantage of the convenience of the position or the convenience conditions formed by the authority and status to seek benefits for others and accept huge amounts of property is suspected of accepting bribes; taking advantage of the convenience of the position to illegally occupy public property is suspected of corruption.
Evaluation in the bulletin: As a party member and leading cadre, Lai Xiaomin has completely lost his ideals and beliefs, and the principle of party spirit has disappeared. He is arrogant, corrupt, morally corrupt, and lives extravagantly., and after the 18th National Congress of the Communist Party of China, he did not restrain himself, did not stop, and had no scruples, no awe, and intensified his efforts. Political issues and economic issues were intertwined, and the masses responded particularly strongly, and the corruption problem was particularly serious and of a particularly bad nature.Seriously.
Six months ago, on April 17 this year, the Central Commission for Discipline Inspection announced that Lai Xiaomin, Secretary of the Party Committee and Chairman of China Huarong Asset Management Co., Ltd., was suspected of serious violations of discipline and law, and is currently undergoing disciplinary review and supervisory investigation.
So, how did Lai Xiaomin beautify and promote himself?
Lai Xiaomin has published many books, most of which are related to his achievements in Huarong.Among them, his most recent book, titled My Way of Enterprise Management--The Journey of the Helm of China Huarong, was published in January this year.At this time, it was only 4 months since he was investigated.
On the cover of this book is a large photo of Lai Xiaomin, and next to it is written how to make a small company with an uncertain future and unsustainable development into a financial management aircraft carrier that attracts the attention of the financial circles at home and abroad in the era of big asset management.
Previously, he also published books such as "The Finishing Touch: Set Sail", China Huarong's H-share Listing Documentary, Strategic Transformation--China Huarong's Theory and Practice of Innovation and Development, and a Compilation of Strategic Transformation Practices.
According to the Beijing News, Huarong's internal employees once revealed that Lai Xiaomin was arrogant and supercilious.Usually, he is very grandiose, pays attention to ostentation, likes to hug each other, and worships personality. Personal quotations and interviews are scrolled and broadcast on the screens of the company's buildings. More than 220 ideas are required to be updated at any time, and his own monograph requires everyone to have a copy.
According to a Caixin report, after Lai Xiaomin was sacked in April this year, the information about Lai Xiaomin on Huarong's official website and WeChat official account was deleted, and the internal display boards about Lai Xiaomin were also removed.At that time, Huarong employees were required to submit a large pile of publications related to Lai Xiaomin.
Previously, he also inscribed the eight characters Huaying Chengxiu, Rongtong Zhiyuan for Huarong. After his fall, these eight characters were removed from Huarong's official website.In addition to publishing books and promoting personal quotations, Lai Xiaomin is also actively promoting himself in public.
At the China Huarong performance conference in 2016, Lai Xiaomin revealed that he lost more than 20 catties during his 8 years working in Huarong.He sighed: I lost weight myself, but made Huarong fat!
In an interview at the beginning of 2017, he claimed that before I came, Huarong asked McKinsey to do a consultation and spent several million. The report was beautiful and scientific, but it was not grounded and difficult to implement.In the seven years since I came to Huarong, I have not hired a foreigner or an outsider. It is all my own theory and practice, and the effect is very good.
As for his own quotations, he said that the 168 items (quotations) and 8 concepts I talked about are applicable not only to Huarong, but also to all state-owned enterprises, and even many private enterprises.
In Lai Xiaomin's double-opening briefing, he also mentioned that he had engaged in power and sex transactions with many women.
Caixin previously reported that Lai Xiaomin's former wife was the general manager of the credit management department of the head office of China Everbright Bank, and the two had a daughter.Lai Xiaomin secretly divorced his ex-wife and did not report to the organization. Instead, he made other arrangements in Hong Kong and had twin young children.
