Former Youku President Yang Weidong was taken away by the police after being taken away by the police at the end of 2018, and was recently sentenced to 7 years in prison by the Hangzhou Court of Hangzhou Court offered by the non -state staff, and confiscated 2 million yuan in property (RMB, the same below, about S $ 400,000To.
According to the Observer Network report, the judgment shows that Yang Weidong has repeatedly obtained money and services from business cooperation units in the name of borrowing. Three of them exceed 2 million yuan, but none of these borrowings signed a contract, nor did they agree on the borrowing period and interest on interest.EssenceAs of the incident, Yang Weidong did not return the loan, and most of the money he received was flowing to his girlfriend named Ji.
The judgment also showed that the girlfriend named Ji appeared in court to testify and explained the flow of money.
The surface of Yang Weidong's bribery surface was two years ago.On December 4, 2018, Alibaba Entertainment issued an announcement saying that Fan Luyuan, president of Alibaba Films, was also the president of Youku. The former President of Youku and the CEO of Ali Music Yang Weidong was reported for economic issues and was cooperating with police investigations.
Before being reported, Yang Weidong's resume was very bright.
Yang Weidong joined Nokia at the age of 25. He has been promoted and became a marketing director of Nokia Greater China a few years later.The chief and CEO Gu Yongzheng hired as the senior vice president of Youku Tudou Group and the president of Tudou, and in November 2015 as the CEO of Youku Tudou.
In April 2016, Ali completed its wholly -owned acquisition of Youku. In October of the same year, Alibaba Cultural Entertainment Group was established. Yang Weidong was appointed president of the Doyuku Career Group. In May 2018, he concurrently served as Ali Music CEO.
During the support of Ali University Entertainment, Yang Weidong invested a lot of funds for film and television drama, variety copyright procurement and content by the then chairman and CEO Yu Yongfu, then the chairman and CEO Yu Yongfu.
During the period, Yang Weidong did start with Youku's self -made sign.The high -scoring Chinese domestic suspense drama Bai Ye chased the fierceness and Zhang Yishan Zhou Dongyu starred in the spring breeze ten miles. It is not as good as you, and the Mars Intelligence Agency.
