Expelled from the Party, Liu Shujun

Author:Randy Hahn
Release time:Jun 04, 2024 18:03 PM

The latest results of the financial anti-corruption report, another cadre of a major state-owned bank was expelled from the party!

On June 4, the official website of the Central Commission for Discipline Inspection and the State Supervision Commission informed that Liu Shujun, the former deputy general manager of the custody business department of Agricultural Bank of China, was expelled from the party.

The report pointed out that Liu Shujun ran a business in violation of regulations and owned shares in unlisted companies. After leaving his job, he illegally engaged in profit-making activities related to the business under the jurisdiction of his original position; he used his position to seek benefits for others in handling loans and increasing credit lines, and illegally accepted huge amounts of money. property.

It is reported that Liu Shujun once worked at the Agricultural Bank of China and the Bank of Communications and was responsible for the custody business for many years. In November 2023, the Central Commission for Discipline Inspection reported that Liu Shujun was suspected of serious violations of discipline and law and was subject to review and investigation.

According to the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervisory Commission in the Agricultural Bank of China, the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervisory Commission in the Bank of Communications, and the Liaoning Provincial Commission for Discipline Inspection and Supervision: Recently, the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervisory Commission in the Agricultural Bank of China, the Central Commission for Discipline Inspection The Discipline Inspection and Supervision Team of the National Supervisory Commission at the Bank of Communications and the Yingkou Municipal Supervisory Committee of Liaoning Province launched a case review and investigation into Liu Shujun, the former deputy general manager of the Custody Business Department of Agricultural Bank of China.

Wavering of ideals and beliefs, abandoning the original intention and mission, losing party spirit and principles, colluding with others to confess, forging evidence, deliberately trying to resist organizational review, and being disloyal and dishonest to the party;

Ignore the spirit of the eight central regulations, accept gifts and consumption cards from management and service objects, and accept banquets that may affect the fair execution of official duties;

Illegal business operations, ownership of shares in non-listed companies, and illegal profit-making activities related to the business under the jurisdiction of the original position after leaving the position;

Violating life disciplines, violating social ethics and family virtues;

Taking advantage of his position to seek benefits for others in handling loans, increasing credit lines, etc., and illegally receiving huge amounts of property.

The report pointed out that Liu Shujun seriously violated the party's political discipline, the spirit of the eight central regulations, integrity discipline, and life discipline, constituting a serious job violation and being suspected of bribery. He also refused to restrain or stop after the 18th National Congress of the Communist Party of China, which is serious in nature. The impact is bad and should be dealt with seriously.

In accordance with the "Disciplinary Punishment Regulations of the Communist Party of China", the Supervision Law of the People's Republic of China, "Several Provisions on the Integrity of Leaders of State-owned Enterprises", the "Government Punishment Law of the People's Republic of China for Public Servants" and other relevant provisions, after study by the Party Committee of the Agricultural Bank of China, it was decided to expel Liu Shujun. Party membership will be punished; the benefits he enjoys will be canceled in accordance with regulations; his illegal income will be confiscated; the Yingkou Municipal Supervisory Committee of Liaoning Province will transfer his suspected criminal issues to the procuratorial organ for review and prosecution in accordance with the law, and the property involved will be transferred together.

Public information shows that Liu Shujun was born in March 1959, has a master's degree in management, is a senior economist, and has thirty years of banking experience.

Liu Shujun worked in relevant local county and municipal government departments in Jilin Province in his early days, and joined the Agricultural Bank of China in 1986. Liu Shujun once served as the office director of the Changchun Branch of the Agricultural Bank of China, the division-level secretary of the Agricultural Bank of China Head Office, the director of the Industrial Credit Division of the Credit Department of the Agricultural Bank of China, and the deputy general manager of the custody department and pension center of the Agricultural Bank of China.

After leaving the Agricultural Bank of China, Liu Shujun transferred to the position of vice president of the Inner Mongolia Branch of the Bank of Communications. In October 2011, Liu Shujun was appointed as the deputy general manager of the Asset Custody Department of the Bank of Communications. In May 2012, he was appointed as the general manager of the Asset Custody Department of the Bank of Communications. In April 2014, he was appointed as the President of the Custody Business Center of the Bank of Communications and served until 2016.

After that, Liu Shujun began his entrepreneurial phase and established Beijing Ying'an Financial Information Services Co., Ltd. in August 2017 to engage in financial information technology outsourcing services.

In November 2023, a notice on the official website of the Central Commission for Discipline Inspection and the National Supervisory Commission showed that Liu Shujun, the former deputy general manager of the Custody Business Department of Agricultural Bank of China, was suspected of serious violations of disciplines and laws. Disciplinary review by the Discipline Inspection and Supervision Team of the Bank of Communications and supervision and investigation by the Yingkou Municipal Supervisory Committee of Liaoning Province.

Since this year, many people at Agricultural Bank of China have been investigated and dealt with. In February this year, Ma Qingsheng, former member of the Party Committee and Secretary of the Discipline Inspection Commission of the Jiangxi Branch of the Agricultural Bank of China, was "double fired". The report stated that Ma Qingsheng took advantage of his position to misappropriate public funds for personal profit-making activities, seek benefits for others in aspects such as security project procurement, loan approval and issuance, and job transfers, and illegally accepted huge amounts of property.

On May 16, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission reported that Lou Wenlong, former member of the Party Committee and Vice President of Agricultural Bank of China, was suspected of serious violations of disciplines and laws and was subject to disciplinary review and supervisory investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission. On May 17, Liu Zhihong, a senior expert at the Credit Card Center of Agricultural Bank of China, was suspected of serious violations of discipline and law and was subject to disciplinary review by the Discipline Inspection and Supervision Team of the Central Commission for Discipline Inspection and the National Supervisory Commission at Agricultural Bank of China and a supervisory investigation by the Supervisory Committee of Shanghai Pudong New Area.

It is reported that in the past year, the Agricultural Bank of China system filed a total of 847 cases, punished 789 people, investigated and dealt with 36 cases of job-related crimes, and severely investigated and punished 8 cadres directly under the head office. The Discipline Inspection and Supervision Team stationed at the Agricultural Bank of China requires a strict investigation of corruption issues behind financial risks, and resolutely investigate and deal with disciplinary and illegal activities in capital- and resource-intensive links such as investment and financing approvals, disposal of non-performing assets, bidding and procurement, etc. Promote the extension of financial anti-corruption to the grassroots, and resolutely investigate and deal with the abuse of differentiated financial assistance policies such as serving "agriculture, rural areas and farmers" to transfer benefits, as well as the "fly and ant corruption" problems around the masses.

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