Wang Bin, former chairman of China Life Insurance, was charged with briberyAnd concealing overseas deposits, the court sentenced Wang Bin to death in the first instance.
According to China CCTV News, the Jinan Intermediate People's Court of Shandong Province publicly sentenced Wang Bin to bribe and conceal the case of overseas deposits on Tuesday (September 12).
The court sentenced the defendant Wang Bin to the death penalty for bribery. It was executed for two years, deprived of political rights for life, and confiscated all personal property.Lifetime imprisonment must not be reduced or parole.
The court also sentenced Wang Bin to one year in prison for concealing overseas deposits, decided to execute the death penalty, executed for two years, deprived of political rights for life, and confiscated all personal property.After the expiration of the period to the life imprisonment, the same life imprisonment shall not be reduced or parole.
Wang Bin was accused from 1997 to 2021, using the deputy secretary and deputy president of the party group of the Jiangxi Branch of China Agricultural Development Bank, Secretary of the Party Committee and President of the Bank of Communications Beijing Branch, and a member of the Party Committee of the Bank of Communications, Vice President, Chairman of Jiaoyin International Trust Co., Ltd., Secretary of the Party Committee and Chairman of China Taiping Insurance Group Co., Ltd., Secretary of the Party Committee of China Life Insurance (Group) Company, Chairman and Chairman of Guangfa BankThe convenient conditions for authority and status to help relevant units and individuals provide assistance in matters such as loan financing, project cooperation, and personnel arrangements. I can directly or via relatives to illegally receive property of more than RMB 325 million (S $ 60.71 million).
He has also been accused of violating the national foreign exchange management system and the overseas deposit declaration system of national staff from January 2012.The banks and securities accounts are concealed without reporting.
The court believes that the defendant's behavior constitutes the crime of bribery and concealing overseas deposits.Wang Bin's bribery amount is particularly huge, the circumstances of the crime are particularly serious, and the social impact is particularly bad. The interests of the country and the people suffer particularly major losses. The crime should be sentenced to death. Wang Bin concealed the crime of overseas deposits.Defended and punished.
The court also believes that because Wang Bin returned to the crime truthfully, pleaded guilty, and actively refunded the stolen goods. He had a legal and declined penalty plot.At the same time, "according to the facts and circumstances of Wang Bin's crime, it was decided to implement the second -year execution of the second year of the death penalty to the life imprisonment.
The website of the Central Commission for Discipline Inspection reported in January 2022 that Wang Bin was suspected of serious disciplinary violations and accepted discipline review and supervision investigation by the Central Commission for Discipline Inspection.Essence
