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发帖数: 82 | 1 Former executives of fugitive Guo sentenced, companyfinedBy CAO YIN |
chinadaily.com.cn | Updated: 2017-08-04 10:53
Three formerexecutives of fugitive Chinese billionaire Guo Wengui were
convicted offraudulently obtaining loans and bill acceptance on Friday and
two of them weresentenced, a court in Henan province said.
Zhang Xincheng,former financial director of Henan Yuda Real Estate Co,
controlled by Guo, wassentenced to two years in prison, while Guo Lijie, the
company's former deputymanager, was sentenced to 18 months with a two-year
reprieve, according to astatement of the Kaifeng Intermediate People's Court.
Another defendant,Xiao Yanling, the ex-deputy head of the company's
financial department, wasconvicted of fraudulently obtaining bill acceptance
, but she was exempted fromcriminal penalty as she had voluntarily
surrendered and her crime was lighterthan others, the statement said.
Zhang and GuoLijie were also slapped with fines, while the company was asked
to pay 150million yuan in fine, it added.
The court said thethree defendants fraudulently obtained loans and bill
acceptance of nearly 1.5billion yuan by registering shell corporations,
forging contracts and employingfake investment projects from 2008 to 2015.
The three said onFriday that they accepted the convictions and will not
appeal to higher court.
In July, when thecase was publicly heard, they said they did the crimes
under orders of Guo, whofled abroad about three years ago. |
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