Cao Yu was found guilty of double opening and illegally seeking group buying quotas for his relatives. Shanxi Province State owned Capital Operation Co., Ltd. | Discipline | Group buying
According to the Shanxi Provincial Commission for Discipline Inspection and Supervision, recently, with the approval of the Shanxi Provincial Party Committee, the Shanxi Provincial Commission for Discipline Inspection and Supervision conducted a case review and investigation into the serious violations of discipline and law by Cao Yu, former full-time external director of Shanxi State owned Capital Operation Co., Ltd. and Wanjiazhai Water Holding Group Co., Ltd.
After investigation, Cao Yu lost his ideals and beliefs, abandoned his original mission, and engaged in superstitious activities; Ignoring the spirit of the central eight point regulations, accepting gift consumption cards, and borrowing vehicles from private enterprise owners; Accepting gifts and illegally seeking group housing quotas for relatives; Utilize the convenience of one's position to seek profits for others in the operation and daily work of the enterprise, and illegally accept huge amounts of property.
Cao Yu seriously violated the political discipline and integrity discipline of the Party, constituted serious violations of his duties, and was suspected of committing bribery crimes. The nature of the violation was serious and the impact was severe, and he should be dealt with seriously. According to the Regulations of the CPC on Disciplinary Punishment, the Supervision Law of the People's Republic of China, the Law of the People's Republic of China on Administrative Punishments of Public Officials and other relevant provisions, after discussion at the meeting of the Standing Committee of the Commission for Discipline Inspection of Shanxi Province and reported to the Shanxi Provincial Party Committee for approval, Cao Yu was decided to be expelled from the Party; He shall be dismissed from public office by the Shanxi Provincial Supervision Commission; Confiscate their illegal gains, transfer their suspected criminal issues to the procuratorial organs for examination and prosecution in accordance with the law, and transfer the involved property together.
Resume of Cao Yu
Cao Yu, male, Han nationality, was born in October 1963 in Shuozhou, Shanxi Province, with a master's degree. He joined the CPC in December 1990 and started working in September 1982.
Formerly served as a member of the Party Committee and Deputy General Manager of Shanxi Guoxin Investment Group Co., Ltd; Member of the Party Committee and Deputy General Manager of Shanxi Financial Investment Holding Group Co., Ltd. In December 2021, appointed as a full-time external director of Shanxi State owned Capital Operation Co., Ltd. and Wanjiazhai Water Holding Group Co., Ltd.