Cao Guangjing, former deputy governor of Hubei Province, China, received bribery and leaking internal information cases. He was charged with more than 216 million yuan (RMB, the same below, about 40 million yuan).
China CCTV reported that the first instance of the Xuzhou Intermediate People's Court of Jiangsu Province opened the court on Thursday (October 26) and tried Cao Guangjing's bribery and leaking inside information.
Xuzhou People's Procuratorate sued accusations, from 2004 to 2022, Cao Guangjing Use the convenience of serving as deputy general manager of China Yangtze River Three Gorges Engineering Development Corporation, deputy general manager and chairman of the Yangtze River Three Gorges Group Corporation, deputy governor of the Hubei Provincial People's GovernmentThe convenient conditions for helping relevant units and individuals to help relevant units and individuals provide assistance in terms of business operations, engineering contracting, project development, and promotion of positions, and illegally accepting the property given by the above units or individuals is equivalent to more than 216 million yuan.
In addition, Cao Guangjing dominated the reorganization of the holding company of a listed company in Hubei Province while serving as the deputy governor of Hubei Province.In January 2021, Cao Guangjing revealed the inside information of the bailout reorganization to others, causing others to buy the listed company's stock before the inside information disclosure, and then sold the stock to more than 10.42 million yuan.
For this reason, the public prosecution agency requested Cao Guangjing's criminal responsibility for bribery and leaking inside information.
According to reports, Cao Guangjing expressed his guilty of confession.The court will be pronounced on -date.
