GuangdongThe Provincial Shenzhen Municipal Intermediate People's Court publicly sentenced the former member of the Standing Committee of the Hainan Provincial Party Committee of the Communist Party of China to the former Standing Committee of the Hainan Provincial Party Committee of the Communist Party of China, the former secretary of the Sanya Municipal Party Committee Tong Daochi, and the inside story transaction.The premises confiscated all personal property, sentenced to five years in prison for insider transactions, and fined 4 million yuan (RMB, Same, about S $ 800,000), decided to perform the death sentence, executed for two years slowly, deprived of political rights for life.It also confiscated all personal property; pursued the property of Tong Daochi, the property obtained by the insider trading, and its interest, and paid the state treasury.Tong Daochi stated that he obeyed the court's decision and did not appeal.
According to CCTV news reports, it was found out that from 2004 to 2020, the defendant Tong Daochi used the deputy director of the supervision department of the China Securities Regulatory Commission, deputy director of the issuance supervision department, and the capital market reform and development work group.The person in charge of the office, deputy director and director of the Ministry of International Cooperation, Standing Committee Member of the Hainan Provincial Party Committee of the Communist Party of China, and Secretary of the Sanya Municipal Party Committee, and the convenience conditions for the formation of authority or status, are promoted to relevant units and individuals in the company's listing, corporate operations, financing borrowings, and rank promotion.It provides help in other matters, and directly or through its specific relationships illegally accepting more than 274 million yuan of property given by others.From August 2006 to April 2007, Tong Daochi said that after he was the deputy director of the issuance supervision department of the China Securities Regulatory Commission, he learned about the inside information of the relevant stocks and instructed his close relatives and close persons to buy a total of 3165 before the relevant information had not yet disclosed.More than 10,000 yuan, illegal profits totaling more than 3.38 million yuan.
The Shenzhen Municipal Intermediate People's Court believes that the defendant Tong Daochi's behavior constitutes a crime of bribery and insider trading in accordance with the law.Tong Daochi has a huge amount of bribery, the circumstances of the crime are particularly serious, and the social impact is particularly bad. It has caused particularly significant losses to the interests of the country and the people.In view of the fact that Tong Daochi was able to truthfully confess crimes after the case, the fact that most of the bribery facts and insider trading facts that have not yet mastered the case handling agencies constituted the surrender of insider trading, confession, regrets, actively refunding stolen money, illegal income from the stolen goods and insider trading of bribes, and insider trading.It has been recovered, and has a legal, discretion from a light or reducing punishment plot. The death penalty is sentenced to the crime of bribery, but it will not be executed immediately.The court made the above judgment.
Public information shows that 55 -year -old Tong Daochi is a native of Pingjiang, Hunan. From 1991 to 2000, he served as an assistant researcher at the Institute of World Economics and Political Research of the Chinese Academy of Social Sciences and went to Calton University, Canada to study.Master's degree in public management.
From 1994 to 1999, Tong Daochi served as a professional doctoral student in policy analysis at the well -known US think tank Graduate School, and was a researcher at the Asia -Pacific Research Center of Rand Corporation.
Tong Daochi entered the World Bank in 1999. After returning to China a year later, he began to work in the Chinese Securities Regulatory Commission for 14 years. He is the first "returnee" personnel to join the Securities Regulatory Commission.
Tong Daochi used to show his proficient Chinese -English bilingual in many activities and create a hard work image.
In April 2014, Tong Daochi was transferred to the assistant to the Minister of Commerce of China and a member of the party group.Two years later, he served as the deputy governor of Hubei Province until October 2018.Since then, he went south to Hainan as a member of the Standing Committee of the Provincial Party Committee and was appointed secretary of the Sanya Municipal Party Committee in November of the same year.
In November 2020, Tong Daochi was suspected of serious disciplinary violations and accepted discipline review and supervision and investigation by the State Administration of Discipline Inspection of the Central Committee of the Communist Party of China.
