The former president of the Bank of China Kaiping Sub -branch, the former president of the Kaiping Sub -branch of China, was forced to be repatriated to the United States. Xu Guojun was sentenced to life imprisonment.
According to CCTV news reports, the Jiangmen Intermediate People's Court of Guangdong Province was sentenced to public corruption and misappropriation of public funds on Wednesday (December 13).People Xu Guojun decided to perform life imprisonment, deprived of political rights for life, and confiscated all personal property; recovered criminal income and his interest.
Xu Guojun said that he obeyed the court's decision and did not appeal.
Xu Guojun fled in 2001. In 2002, he was released by the International Criminal Police Organization in 2002. In 2021, he was forcibly repatriated from the United States.
Xu Guojun was accused of serving as the director, deputy governor, and president of the Office of the Kaiping Branch of the Bank of China from 1993 to 2001.Taking bank funds, occupying the company's normal loan repayment funds or direct transfer, etc., corruption public funds, including the US dollar, Hong Kong dollar, and German Mark, a total of more than 900 million yuan (S $ 170 million);The US dollar is equivalent to more than 1.4 billion yuan.
His associate, Yu Zhendong, the former president of the Bank of China Kaiping Sub -branch of China, was repatriated to China in 2004 in 2004. He sentenced to 12 years in prison.He was sentenced to 13 years in prison in 2021.