Recently, the Shanghai First Intermediate People's Court of Pudong, with a large place in the large state-owned company embezzlement case. Former chief financial officer Wang former beauty stood in the dock, past suave demeanor vanished. His three years, together with subordinates secretly diverted and misappropriated public funds as high as 83 million yuan. Before his arrest, has been aware of the wind, although all sorts of remedies Wang, there are 3.5 million yuan in the hole is not filled. His own actions also caused the verge of dissolution of the inauguration of a state-owned enterprises.
strenuously study
perhaps because their parents supported early childhood side of the Wang difficult than the lives of people in some of the same age,
belstaff blouson, so he grew up studying hard, hoping to change destiny. Strenuously under his results always among the best in school, although the entrance did not do so when the only volunteer admitted to Beijing University, is the swap to Shanghai Finance College, also be returned to the home. He continued to study hard and get scholarships every year, college graduation, was assigned into a state-owned enterprises as accounting.
dry accounting of the very few men, he soon emerged just jumped a few levels for several years, became the backbone. In 2005, the company restructuring, the establishment of branch A Company, A Company and B Company under a young age, he was entrusted with the task as chief financial officer of both companies, monitoring the safe operation of company funds to ensure that state-owned assets value, in the company before making major decisions and daily financial management.
Wang at this time 32 years parties, it becomes a salary of several hundred thousand state-owned enterprise executives,
outlet belstaff, everyone touted his promising for a time he was floating up and start the one hand, PhD , laying the foundation for future advancement, on the one hand, that hand out large sums of money, not help thinking of his line of work in school - the securities and futures with impatience: ?
time, Wang would like to use company money for themselves with money, struggling for opportunities, under the strong D but in the idea of his understanding, in order to give a good impression on your boss, take the initiative to serve as military advisor role, it is recommended to use third-party accounts Wang stocks, the parent company to avoid regulation.
Wang take the hint, and brought their own with friends but no actual business start-C, D data and seal the two companies, and SW Ding strong business department to go with C Company and D companies set up institutions stock account, for embezzlement of public funds injected into the two
tasted the sweetness
because Wang was a rather complex process of misappropriation of public funds,
17 -year-old police want to experience a guilty co, particularly large amount, the judge in the court files in the look and question material rather spend a lot of efforts can also be seen from this, Wang was on the road in the crime and goes farther, Nizushenxian can not extricate themselves.
Although the shell account already everything is ready,
belstaff jacken, This year, A Company was the acquisition of a large state-owned company, A,
belstaff online, B company also became a subsidiary of this large state-owned enterprises. With plenty of idle funds, forcing Wang Ding A see opportunities notified the company's 10 million yuan into the account of their shell account, operated by the D to play strong new shares.
hit new shares to the money, after all, slow,
belstaff panther jacket, subject to policy constraints Moreover, holding a lot of money where you want to stroke one of the Wang we resist, they changed the Qiuwen intention to go directly to the two strong D level market play the stock market. At that time the stock in good shape, just a few months two of them earned 30 million.
tasted the sweetness of the situation as out of control Wang, April 2008, the A's 22 million yuan of public funds into their account designated stocks, so that their net profit of more than 100 million.
further and further away
2008 in the second half, Wang bad luck, earned more than 100 million has shrunk to 60 million, he did not want to just leave, but would like to get some money to earn back lost profits. Funds are being worried for the Fan Ben, he also found a new money-making doorways: one after another up to the district offices to the B company 177 million yuan special support section, B the company is temporarily unable to use the money, just hanging in the account. Due to lack of regulation, property rights in hand for Wang to find a time difference of misappropriation of public funds, quietly special support program to the A section on company accounts, let D intensity to their shell account. Later, the streets gave 180 million to support models, Wang followed suit, and put it into a special fund to support their own stocks.
as frequently lost in the stock market, Wang A company has to draw from 20 million yuan in stocks and earn some money, in time for the 2008 year-end audit ago, back to the company, escaped unharmed. Poise of the Wang did not come to a halt so awakened, but bolder increasingly large, and feel that they are lucky, will not be pulling out. Therefore, improvement in the stock market in early 2009, he misappropriated A re-stock company 25 million yuan.
concurrence of two crimes
2009 in the second half, regulators found that capital transactions, Wang and Ding Qiang flesh quickly throw away the stock, and sell their own house, around to borrow money, it really easy to gather 25 million yuan was returned to the company account. However, due to losses in the stock market is too large, debt-ridden a 350 million they have failed to fill a large hole.
anti-corruption department of six steps, one by one to identify the two offenses: Wang in April 2008 to November 2009 period, using the company as A, B to facilitate the duties of Chief Financial Officer, together with A company's financial director Ding Qiang, has repeatedly misappropriated A, B the two companies a total of 67 million yuan of the money for personal stock, 1.7 million yuan before the incident did not return; January 2007 to June 2008 period,
2 dead caused by drunk driving drivers injured was, Wang has repeatedly misappropriated A, B the two companies a total of RMB 1,600 million in money for personal stock trading, more than 180 million before the incident did not return. After a hearing in the hospital, Wang guilty of embezzling public funds, the crime of misappropriation of funds, the two concurrence of offenses and sentenced to 12 years. (Text in both his real name) told this reporter Sun Yun