Wang Fengzhao (Zhengke level), the former head of the Finance Institute of Bei'an Street Office, the People's Court of Jimo District, Qingdao City, was sentenced to corruption and misappropriation of public funds.Six months and a fine of RMB 2 million (RMB, the same below, about S $ 400,000).

According to Volkswagen.com, the defendant Wang Fengzhao was the head of the Finance Office of the Bei'an Street Office of Jimo District, Qingdao, from August 2012 to October 2017.Through the bank accounts of other people's bank accounts and withdrawal cash, 42 corruption public funds totaling RMB 206.97078.42 million, used to support lover, stock trading, purchase wealth management products, futures transactions and daily spectacles.Wang Fengzhao used the convenience of his position. He misappropriated a total of RMB 24.999 million twice to use for profit -making activities such as registered capital inspection and purchase of wealth management products.

The People's Court of Jimo District, Qingdao believes that the defendant Wang Fengzhao is the national staff member. He uses the convenience of his position to use the means of swallowing and deceiving, illegally occupying public property, and the amount is particularly huge, and his behavior constitutes a crime of corruption.The misappropriation of public funds to personal use, carried out profit activities, serious circumstances, and their behavior constitutes the crime of misappropriation of public funds, and it should be punished.In view of the fact that Wang Fengzhao truthfully explained the facts of the crime during the investigation of the case handling authority, the attitude of pleading guilty after the case was better, voluntarily pleaded guilty, and frankly performed.Punishment from light.

Therefore, the court sentenced Wang Fengzhao for corruption, sentenced to 12 years and six months in prison, and fined RMB 2 million.Two million yuan.Wang Fengzhao was ordered to refund the corruption illegal income of 206.9707842 million yuan, and the refund compensation misappropriated the illegal income of public funds was 755.48 yuan.