Wang Li, former inspector and deputy director of the Local financial Supervision administration in Qinghai province, was sentenced to 18 years in the first trial

2022-06-11 0 By

Report from our Newspaper (Reporter Yu Ruirong) On February 17, The Haidong Intermediate People’s Court made a judgment of the first instance on the case of embezzlement, bribery, embezzlement, abuse of power and unknown source of huge assets of Wang Li, the former inspector and deputy director of qinghai Provincial Local Financial Supervision Administration, who was prosecuted by the Haidong People’s Procuratorate.The defendant Wang Li was sentenced to 18 years in prison and fined 1.1 million yuan for her crimes of embezzlement, bribery, misappropriation of public funds, abuse of power by state-owned enterprise personnel and unknown source of huge property.The stolen money and goods involved shall be confiscated according to law and turned over to the state Treasury.The court found that the defendant Wang Li took advantage of her position as the party secretary and chairman of the Qinghai Bank, and instructed others to take out state-owned funds by falsely listing fees and issuing invoices, among which 155,000 yuan was taken as her own;Wang Li took advantage of her position as president of Xining Commercial Bank and secretary of the Party Committee and chairman of qinghai Bank to embezzle 20 million yuan of public funds to help others register companies.Taking advantage of the above-mentioned position, helped others to obtain funds illegally, helped others to undertake business, and accepted bribes and goods and paid services worth 5,798,300 yuan for many times;Wang Li overstepped his authority and illegally approved the loan, resulting in a major loss of state property of 300 million yuan in principal and 206.5 million yuan in interest.Wang Li’s property and expenditure obviously exceeded her legal income from the time she started working to the time of the crime, and the source of which could not be explained was over 16.8 million yuan.The court heard that the defendant Wang Li served as president of Xining Commercial Bank and secretary of the Party Committee and chairman of the Board of Qinghai Bank, for the purpose of illegal possession, the use of power embezzling public property, a large amount, its behavior has constituted the crime of corruption;For others to seek benefits, many times illegally accept other people’s property, the amount is particularly huge, its behavior has constituted the crime of taking bribes;Taking advantage of his position, he misappropriates public funds for profit-seeking activities, if the circumstances are serious, which constitutes the crime of misappropriating public funds;The abuse of power causes the state property to suffer especially heavy losses, which has constituted the crime of abuse of power by the personnel of state-owned enterprises;Personal property and expenditure obviously exceed lawful income, can not explain the source and the amount is particularly huge, its behavior has constituted the crime of huge property source unknown.The defendant Wang Li should be punished concurrently for the above crimes, and the people’s court made the above judgment according to law.Qinghai Daily (February 19, 2022, 4th edition: Key News) Disclaimer: All the above contents are original manuscripts of Qinghai Daily, unless the source is indicated. It is strictly prohibited to reprint without written permission.