Xu Baoyi, deputy general manager of China Storage Grain, was charged with 13.8 million

The original party group members of China Reserve Grain Management Group Co., Ltd.Deputy General Manager Xu Baoyi was suspected of accepting bribes, misconduct of state -owned company personnel, and insider trading on Thursday (April 6) in the first trial. He was charged with a bribe of 13.8 million yuan (RMB S $ 26.673 million).

According to CCTV News, the Datong Intermediate People's Court of Shanxi Province opened the trial of Xu Baoyi for bribery, loss of duty, and inside trading transactions.

The People's Procuratorate of Datong City charged: From 2006 to 2021, Xu Baoyi used the deputy director of the listed office of the enterprise listed office of the Daqing High -tech Industrial Development Zone in Daqing City, Heilongjiang Province, assistant to the director of the Gansu Provincial People's Government State -owned Assets Supervision and Administration Committee,Chairman of the Provincial State -owned Assets Management Co., Ltd., Assistant General Manager of China Supply and Marketing Group Co., Ltd., member of the Party Committee and Deputy General Manager of the China Supply and Marketing Group, and a member of the China Reserve Food Management Corporation (later renamed China Reserve Grain Management Group Co., Ltd.)The convenience of deputy general manager and other positions, as well as the convenient conditions for power or status, help relevant units and individuals in terms of engineering contracting, corporate management, engineering payment, and work arrangements.RMB 13.803489 million.

The case refers to the time when Xu Baoyi served as chairman and legal representative of China Supply and Marketing Petroleum Co., Ltd. from February to September 2014, he was seriously irresponsible.Trade financing has caused particularly major losses for national interests.In 2015, Xu Baoyi illegally obtained the inside information of securities transactions. Before the information was disclosed, it was clearly showed that others bought and sold the securities, and the plot was particularly serious.The procuratorial organs requested that Xu Baoyi's criminal responsibility for bribery, the crime of negotiating of the state -owned company personnel, and the crime of insider trading.

During the trial, the procuratorial organs presented relevant evidence. Xu Baoyi and his defender conducted a qualitative certificate. The two parties of the prosecution fully issued the debate under the auspices of the court.Crime.At the end of the trial, the court announced the offer and pronounced it.

Xu Baoyi was disappeared on January 23 last year. On June 23, the State Administration of Discipline Inspection of the Central Committee of the Communist Party of China notified the double opening (expels of the party and public office), and the arrest was reported on July 21.In October of the same year, Xu Baoyi was prosecuted.

Xu Baoyi was the deputy general manager of China Supply and Marketing Group. In August 2014, he served as the deputy general manager of China Grain Storage Management Corporation.The Central Commission for Discipline Inspection held a plenary session last January and stated in the bulletin that it will "deepen the special rectification of corruption in the fields of grain purchase and sales", and Xu Baoyi has been dismissed after a few days, becoming the first "grain tiger" after the closing of the Central Discipline Inspection Commission.