Liu Ya, former vice mayor of Bengbu city in Anhui province, has been expelled from party and removed from government post for allegedly accepting bribes, running private business and owning a large amount of unexplained assets. Liu’s illicit gains are totaled at $2.6 million. http://news.xinhuanet.com
Tao Liming, former president of the state-owned Postal Savings Bank of China, has been charged for taking bribes, embezzling and misappropriating public funds. Sources said Tao’s was involved in illegal fund raising and high interest private lending. Chief of the bank’s financial institutions department, Chen Hongping, was detained along with Tao. http://news.youth.cn
Liu Zhonghu, former vice mayor of Zhongwei City in Ningxia region, was sentenced to 13 years in prison for taking $183,983 in bribes to promote his subordinates and grant construction projects to contractors. He also embezzled $9,760 in public funds. http://news.xinhuanet.com
Ningxia Yintai Real Estate Development Co Ltd has been fined $40,668 for offering $43,352 in bribes to four government officials in exchange for their assistance in reducing tax evasion penalty and passing government inspections. The company’s general manager Jin Yougen was sentenced to eight years in jail. http://epaper.legaldaily.com.cn
A manager at Guangzhou Mechanical & Electrical Installation Co Ltd, surnamed He, stood trial for accepting $67,834 in bribes from contractors seeking construction projects with the company. He also paid bribes of $19,000 to his supervisors in exchange for their help in business operation. http://news.xkb.com.cn
Kuang Guanghua, former party secretary of Anyuan County in Jiangxi province, stood trial over charges of bribery and abuse of power. Kuang denied the charges, alleging he was tortured by investigators to admit taking bribes, and that he was revenged by Su Rong, the sacked vice chairman of Chinese People’s Political Consultative Conference, due to his failure to sell a mine to Su’s wife. http://epaper.bjnews.com.cn
Hui Zhi is the Senior Manager for Content with the China Compliance Digest.