There has been new progress in financial anti-corruption.
On July 19, the former People’s Procuratorate of Fuyang Municipal People’s Procuratorate, the former Party Committee of the China Banking Regulatory Commission, the assistant to the chairman and the director of the General Office, Yang Jiacai took the bribe and the first-instance judgment of the unclear source of huge property. The Fuyang Intermediate People’s Court adopted allegations and prosecuted Yang Jiacai. The crime of accepting bribes was sentenced to 14 years in prison and a fine of 2 million yuan; the crime of unclear source of huge property was sentenced to 5 years in prison, 16 years in prison and 2 million yuan in fines.
Get or receive more than 20 million worth of property through your wife and children
The People’s Procuratorate of Fuyang City stated that from 1998 to 2017, the defendant Yang Jiacai was used as the deputy governor of the Wuhan Branch of the People’s Bank of China, the deputy director of the Hubei Supervision Bureau of the China Banking Regulatory Commission, the director of the Anhui Regulatory Bureau, the director of the Banking Supervision Department of the China Banking Regulatory Commission, and the assistant to the chairman of the China Banking Regulatory Commission. The convenience of the office director and other positions, for the interests of Wuhan Sanyuan Real Estate Company, Wuhan Rural Commercial Bank and Wu Mou, Fang Mou and other individuals, directly or through his wife on behalf of a certain (handled case), his son Yang (handled separately) Unlawfully claiming or accepting the property of others, equivalent to RMB 230.862 million. The defendant Yang Jiacai was a national staff member. His property and expenditures clearly exceeded legal income. There is still a difference of 31,159,932,290 yuan. Yang Jiacai cannot explain the source. The defendant, Yang Jiacai, said in court that he would not accept the appeal.
On May 23, 2017, the official website of the Central Discipline Inspection Commission announced that Yang Jiacai, member of the Party Committee of the China Banking Regulatory Commission and assistant to the chairman, was suspected of serious violation of discipline and is currently undergoing organizational review. When the news came out, the market was shocked.
Since 2017, with the inauguration of Xiang Junbo and Yang Jiacai, anti-corruption actions in the financial sector have gradually moved to the deep water area.
The brokerage Chinese reporter had previously reported that Yang Jiacai was suspected of being investigated for the reason that it was brought out after the case of Yang Dongping, the chief risk officer of the former Bank of Communications. A person close to the regulatory authorities revealed to the brokerage Chinese reporter that the investigation team went to Wuhan to investigate matters related to Yang Jiacai in 2016. According to another report, Yang Jiacai’s case involved a housing loan in Wuhan, which was brought out by the chief risk officer of the Bank of Communications, Yang Dongping. The two have a work intersection in Hubei, "the relationship is very good." The verdict also coincided with the aforementioned speculation.
Has been rated as "quiet and humorous, strong ability to adapt"
When Yang Jiacai was assisted in the investigation in early April last year, a member of the China Banking Regulatory Commission said to the brokerage Chinese reporter that he was shocked by the investigation of Yang Jiacai. Yang Jiacai was considered to be able to do things, especially to handle complicated and difficult things. thing.
Yang Jiacai and the media also have a lot of activities, and they often show humor and humor in public, and they have strong ability to respond on the spot. Before the "two sessions" last year, as the first public appearance of Guo Shuqing as the chairman of the China Banking Regulatory Commission, Yang Jiacai accompanied him. One detail is that at the press conference of the new state office, Yang Jiacai pointed out that there are fewer illegal fundraising in Shandong Province. Guo Shuqing then said, "When I became the chairman, you praised me. Why didn't you praise me when I was in Shandong?" Yang Jiacai then smiled. "There is no chance."
In the eyes of the media, Yang Jiacai’s “golden sentence” continues.
At the above-mentioned national new office conference, when talking about illegal fund-raising, Yang Jiacai said that illegal fund-raising is a process of "since by love, hate, and abandonment": in the early stage, they were a community of interests, and the so-called "the world is a good "These people came together and became a community of interests, just like a girl fell in love with a liar that was not exposed." If the parents come out to intervene at this time, they will be considered to be a good fight. She does not understand, saying that you don't care about this matter, we live well, but when she fails, the scam is uncovered and she regrets.
At the end of 2014, he participated in the China Trust Industry Summit held at the China Banking Regulatory Commission. Yang Jiacai used Hu Shi’s love poem to describe the status of the trust industry: “The sky is blowing, the moon is shining, we are two, and when you asked last year, you were hiding behind closed doors. Who is hiding? Who is hiding? That was me last year."
Yang Jiacai's last public appearance, that is, at the CBRC ventilation meeting on April 7, 2017, he detailed the work focus of the China Banking Regulatory Commission this year, followed by the intensive and strong supervision policy of the seven documents of the China Banking Regulatory Commission for two weeks. At this meeting, Yang Jiacai also said that the risks of the financial industry are everywhere and everywhere. Risk supervision is the eternal theme of financial supervision, just as the eternal theme in literature is love.
The former chairman of the China Securities Regulatory Commission, Yao Gang, has also made new progress.
On July 11th, the Intermediate People's Court of Handan City of Hebei Province publicly heard the case of Yao Gang, the former party committee member and vice chairman of the China Securities Regulatory Commission, accepting bribes and insider trading.
From 2006 to 2015, Yao Gang used the convenience of serving as the assistant and vice-chairman of the chairman of the China Securities Regulatory Commission to help the relevant units in the process of mergers and acquisitions, share transfer, stock suspension, and avoidance of administrative punishment. Through the illegal receipt of other people’s property by their relatives, the total amount is equivalent to RMB 69.61 million.
From January to April 2007, the defendant Yao Gang used the position as assistant to the chairman of the China Securities Regulatory Commission and the director of the issuance supervision department. He was informed of the inside information of the relevant company's reorganization and listing, using the stock account of others controlled by him before the suspension of the related stock. Buy, sell after resumption of trading, illegal profits totaled more than 2.1 million yuan. During the trial, Yao Gang made a final statement and expressed his guilty plea. The case was pronounced and pronounced.
Yao Gang is the highest-ranking official of the SFC system. He has been in charge of the CSRC for 13 years.
There are big cases or being dug up
With the continued advancement of the de-leverage of the financial industry, financial anti-corruption will also be a major focus in the financial sector in recent years.
On April 17, 2018, the website of the State Commission for Discipline Inspection of the Central Commission for Discipline Inspection announced that Lai Xiaomin, secretary of the China Huarong Party Committee and chairman of the board of directors, was involved in disciplinary review and supervision investigation for serious violations of discipline and discipline, and became the first major financial case in 2018. Many people close to China Huarong revealed that Lai Xiaomin is still under investigation, but because his illegal behavior is more serious, it is expected that the judicial department will make a strict judgment in the future.
According to incomplete statistics, as of now, more than 60 executives and officials have been investigated in the financial system in recent years, including Xiang Junbo, Yao Gang, and Zhang Yujun. About 20 supervisory personnel have been investigated, and banks and securities companies are close. A total of more than 40 executives were investigated in four years.