Tang Shuangning, former chairman of China Everbright Group, was charged with embezzlement and bribery of over 14 million yuan in the first trial

2024-09-26

The Supreme People's Court of China announced that on September 25th, the Tangshan Intermediate People's Court in Hebei Province held a public trial of the corruption and bribery case of Tang Shuangning, former Party Secretary and Chairman of China Everbright Group Co., Ltd. The Tangshan People's Procuratorate charged that in April 2003, the defendant Tang Shuangning took advantage of his position as the director of the First Division of Banking Supervision of the People's Bank of China to own 3015000 yuan worth of public property in his custody and use. The Tangshan People's Procuratorate also sued and accused that, from 2000 to 2017, the defendant Tang Shuangning used his position as Director of the First Division of Banking Supervision of the People's Bank of China, member and vice chairman of the Party Committee of the China Banking Regulatory Commission, secretary and chairman of the Party Committee of China Everbright Group Corporation, secretary and chairman of the Party Committee of China Everbright Bank Corporation, and other positions to provide assistance to relevant units and individuals in matters such as job adjustment and loan acquisition, and illegally received property totaling more than 11.02 million yuan directly or through others. The procuratorial organ requests that Tang Shuangning be held criminally responsible for corruption and bribery. During the trial, Tang Shuangning made his final statement and expressed remorse in court. The court announced a recess and scheduled a verdict. According to public information, Tang Shuangning was born in October 1954 in Beizhen, Liaoning and has been working in the financial field for many years. In July 2023, it was officially announced that it was under investigation; In January of this year, it was officially announced that he had been expelled from the party. Tang Shuangning has been accused of "not resolutely implementing major decisions and deployments of the Party Central Committee, weakening the Party's leadership over state-owned enterprises, and failing to prevent and resolve financial risks", "bringing in and reading books and periodicals with serious political problems without authorization", "using public funds to travel abroad under the guise of investigation, illegally approving the purchase of buildings and government offices, and occupying unit housing", "condoning and tacitly allowing others to use their power for personal gain", "seeking pleasure and accepting" butler style "services", etc. In the party discipline and government disciplinary notice, Tang Shuangning was also accused of "using his power to promote his personal calligraphy and other works", "illegally accepting gifts and cash such as celebrity calligraphy and paintings, commemorative coins", "wanting to be both an official and famous", and "engaging in 'elegant corruption'". (New Society)

Edit:HAN ZHUOLING    Responsible editor:CAICAI

Source:gmw.com

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