The Chinese court tried today (30) Hu Huaibang, the former chairman of the State Development Bank, and the defendant Hu Huaibang pleaded guilty in court.
China CCTV News reported that the bribery case was tried in the Intermediate People's Court of Chengde City, Hebei Province.
The People's Procuratorate of Chengde City, Hebei Province, accused him of accusing the convenience of Hu Huaibang, 65 years old from 2009 to 2019.The convenient conditions formed, through the behavior of staff of other countries, provided and increased bank credit quota, set up automotive finance companies, invested commercial banks, and promotion of positions to help relevant units and individuals.A total of more than RMB 85.52 million (16.79 million yuan).
The court finally announced the off -court and pronounced it.
The website of the Central Commission for Discipline Inspection announced in July last year that Hu Huaibang, former party committee secretary and chairman of the State Development Bank, was suspected of serious violations of discipline and laws.
The Central Commission for Discipline Inspection later announced in January this year that Hu Huaibang was expelled from the Communist Party of China.
After the National Bank of China replaced the leadership team in the second half of last year, it took the initiative to start self -screening and investigating past risks.Hu Huaibang is the highest -level national traffic official in this round of investigation.
Hu Huaibang is 64 years old. He left in the age of last year from September. From the age of 55, Zhao Huan, the former president of the Bank of Agricultural Bank of China, replaced him as the new party secretary and chairman of the new National Bank of China.
Less than one month after staying, Hu Huaibang's name appeared in a case of collusion with the official and businessman of the private enterprise owner.In October last year, the Zhengzhou Intermediate Court of Henan Province tried the bribery of Wang Sanyi, the former secretary of the Gansu Provincial Party Committee.
Wang Sanyun faced a control, referring to Hu Huaibang, who passed the chairman of the Bank of Communications, to help Shanghai Huaxin's entry to the Bank of Hainan Bank; the second control refers to Hu Huaibang, who passed the chairman of the National Camp, for HainanHuaxin Corporation won the credit quota of US $ 4800 million (about S $ 6.6 billion) to receive a credit quota for help.In April of this year, Wang Sanyi was sentenced to 12 years in prison and fined 4 million yuan (RMB, the same below, about S $ 800,000).
Behind Shanghai Huaxin and Hainan Huaxin are China Huaxin Energy Co., Ltd.According to Caixin report, China Huaxin's rapid expansion was the method of China's largest private energy company in China. It is to participate in and guarantee each other with affiliate companies to achieve loop cash withdrawal from banks and state -owned enterprises.Pour the right hand to make flowing water to constitute a false trade and expand operating income.The report also pointed out that Ye Jianming, chairman of China Huaxin, was investigated at the beginning of last year.
Soon after Hu Huaibang arrived, Huaibang became the most important loan bank of Huaxin.As of March 2014, as the main financing subject of China Huaxin, the total credit received by Shanghai Huaxin was 21.723 billion yuan, and the amount of its China operated by three -quarters.After Huaxin obtained the loan of the National Bank of China, it announced its business to serve the national strategy.
Founded in 1994, China Bank is the world's largest development financial institution. It is China's largest foreign investment and financing cooperation bank, medium- and long -term credit banks and bond banks.
Hu Huaibang is a native of Luyi, Henan. After the Cultural Revolution, he resumed the college students with the college entrance examination. In 1982, he went to Shaanxi University of Finance and Economics after graduating from the Department of Economics of Jilin University.In 2000, he transformed from a scholar to the financial regulatory of the financial industry.
Hu Huaibang has been the discipline and supervision of the financial industry since 2005, and has successively served as the secretary of the Discipline Inspection Commission of the CBRC and the Chairman of the Supervisor of China Investment Co., Ltd.In September 2008, he served as the secretary of the Party Committee and Chairman of the Bank of Communications, and replaced Chen Yuan as the second chairman of the National Trouge in April 2013.
