Liang Tang, chairman of Guangdong Finance Trust Co Ltd and E Fund Management Co Ltd, has been expelled from the party and dismissed from his post for engaging in illegal business operation for personal gains. Liang’s illicit assets have been confiscated. http://finance.sina.com.cn
The executive vice mayor of Dongguan city in Guangdong province, Liang Guoying, has been expelled from party and removed from his post for alleged bribe-taking and adultery. Liang was also accused of hiding his “naked official” identity that his wife and children have migrated overseas. http://politics.people.com.cn
Wang Lianyong, former head of the Land and Resources Bureau in Dangshan County of Anhui Province, received a 12-year sentence for accepting bribes worth $348,672, including $81,500 offered by Qiandai Building Materials Co Ltd. In return, Wang helped bribers obtain land reclamation projects and land-use permits. http://news.xinhuanet.com
Yang Xiaoli, former deputy manager of Chemical Industry Department at state-owned China Ordins Corporation, was given a life sentence for misappropriation, fraud and abuse of power. Yang illegally transferred $2.2 million in public funds to Zhangjiagang Free Trade Zone Maoqiang International Trade Co. She also defrauded a private company out of $652,028 through fake purchase contract. http://epaper.jinghua.cn
Zhang Fulai, former president of Guangzhou-based Baiyun Nonggongshang United Co Ltd, stood trial on charges of embezzling state assets worth $1.4 million. Zhang conspired with the company’s former general manager Zhang Xinhua to illegally transfer Baiyun Nonggongshang’s assets to a private company – Guangzhou Guangtian Property Co Ltd – which they had illegally established. Zhang Xinhua was also tried for embezzlement. http://www.ycwb.com
Jiang Guoxing, former deputy head of Jiangsu Provincial Press and Publication Bureau and a member of the Xuzhou CPC Standing Committee, was sentenced to 12 years and six months in jail for taking bribes worth $301,563 offered by property developers in exchange for construction projects. http://news.xdkb.net
Hui Zhi is the Senior Manager for Content with the China Compliance Digest.