Luo Yulin, former deputy minister of the State -owned Assets Supervision and Administr

Luo Yulin, former deputy minister of the State -owned Assets Supervision and Administration Commission of the State Council of the State Council of China, was tried in the court on Friday (November 1) and was accused of more than 220 million yuan (RMB, the same below, S $ 40.95 million)Essence

According to CCTV news reports, the Qingdao Intermediate People's Court of Shandong Province opened the court on Friday 1st trial and tried Luo Yulin's bribery and insider trading.

Luo Yulin was accused of using the director and director of the party committee of the Qinghai Provincial Economic and Trade Commission of the Qinghai Provincial Economic and Trade Commission, the former secretary of the party group and director of the Qinghai Provincial Economic Committee,Members and deputy governors of the party group of Qinghai Provincial People's Government, member of the Standing Committee of the Qinghai Provincial Party Committee, Deputy Secretary of the Party Group of Qinghai Provincial People's Government, Chairman of the State Council State Council, Chairman of the State Council of State Council, Deputy Minister of the State -owned Assets Supervision and Administration Commission of the State Council and other cadres and other cadres and other cadres, as wellThe convenient conditions formed by status are helping relevant units and individuals in terms of corporate management, project contracting, and job adjustment, and illegally accepting more than 220 million yuan in illegal acceptance of other people's property.

Luo Yulin is also accused of being insidible insider information from 2013 to 2014. Before the information involving a significant impact on securities transaction prices has not been made public, it is clearly showing that others are engaged in related transaction activities. The plot is particularly special.serious.The procuratorial organs shall investigate Luo Yulin's criminal responsibility for bribery and insider trading.

Luo Yulin expressed his confession in court.The court announced the off -court and pronounced it.

Public information shows that Luo Yulin, 66, has served as deputy director of the Department of Finance in Qinghai Province, director of the Provincial Government SASAC, member of the Provincial Party Committee, and executive deputy governor.

Luo Yulin left Qinghai at the end of 2015 and was appointed Chairman of the Supervisory Board of State -owned Council.The agency is responsible for the State Council, which supervises the state -owned asset preservation and value -added status on behalf of the state's state -owned enterprises on behalf of the state.

In 2018, in accordance with the reform plan of the State Council's institutional institution, it will no longer set up a state -owned key large -scale enterprise supervisory committee.

In May 2023, Luo Yulin was announced and was expelled from the Communist Party of China in November.According to the report from the State Supervision Commission of the Communist Party of China, Luo Yulin illegally engaged in profit -making activities, obtained a large amount of returns from the ownership loans of a number of private enterprises, and engaged in power and money transactions;The profit is not illegally received.