Greedy for over 500 million!, The Central Commission for Discipline Inspection's heavyweight report denounces the "tiger" as an "insider". The Party Committee of the China Banking Regulatory Commission | Position | Central Commission for Discipline Inspection
Today, another "tiger" is on trial - CCTV News announced that the Intermediate People's Court of Zhenjiang City, Jiangsu Province, publicly held a first instance trial of the case of former member and vice chairman of the China Banking Regulatory Commission, Cai Esheng, accepting bribes, using his influence to take bribes, and abusing his power. Cai Esheng is accused of accepting bribes exceeding 500 million yuan.
Shangguanhe noticed that Cai Esheng was the most bribed "tiger" on trial this year.
Previously criticized by the Central Commission for Discipline Inspection as an "insider" in a heavyweight report
According to the public resume, Cai Esheng, male, born in Hubei in 1951, fell from grace on July 30, 2021. Cai Esheng has worked at the People's Bank of China for nearly 30 years, serving as the Director of the Financial Management Department, the Director of the Banking Department, the Director of the Second Department of Banking Supervision, the Assistant to the President, and a member of the Party Committee. From May 2001 to December 2005, Cai Esheng served as the Chairman of the Supervisory Board of State owned Key Financial Institutions; From December 2005 to retirement, he served as the former Vice Chairman and Party Committee Member of the China Banking Regulatory Commission.
On January 24th last year, Cai Esheng was expelled from the party. Cai Esheng has been accused of losing his ideals and beliefs, abandoning his original aspiration and mission, undergoing a complete political transformation, being disloyal and dishonest to the Party, engaging in double dealing, abusing financial regulatory power, seriously disrupting the order of the financial market, seriously polluting the political ecology of the financial sector, and resisting organizational scrutiny; Ignoring the spirit of the central eight point regulations, extravagant and corrupt, illegally accepting gifts and cash, accepting activities such as banquets, tourism, and golf that may affect the fair execution of official duties, and repeatedly violating personal clubs; Lack of organizational awareness and failure to report personal matters in accordance with regulations; Being unscrupulous and shameless, engaging in power and money transactions; Improper performance of duties, illegal intervention and interference in administrative licensing matters; Being lawless, "retreating without stopping", committing crimes against the wind, using the convenience and influence of one's position to seek benefits for others in financing loans, project contracting, job promotion, and illegally accepting huge amounts of property.
The first instance trial of Cai Esheng's case is held
The People's Procuratorate of Zhenjiang City, Jiangsu Province, accuses that from 2006 to 2021, Cai Esheng used the convenience of serving as a former member and vice chairman of the Party Committee of the China Banking Regulatory Commission, as well as the convenience conditions formed by his power or position, to provide assistance to relevant units and individuals in financing loans, business contracting, job promotion and other matters, directly or through others illegally accepting property, totaling more than 409 million yuan. From 2018 to 2021, Cai Esheng took advantage of his former position as a member or vice chairman of the Party Committee of the China Banking Regulatory Commission to provide assistance to relevant units and individuals in matters such as equity transfer, financing loans, and work adjustments through the actions of other state officials. He directly or illegally received property through others, totaling more than 110 million yuan. From 2010 to 2013, during his tenure as a former member and vice chairman of the Party Committee of the China Banking Regulatory Commission, Cai Esheng violated laws, regulations, and relevant provisions by engaging in favoritism and abuse of power in the process of fulfilling his regulatory duties, resulting in significant losses to public property, national and people's interests, and the circumstances were particularly serious. The procuratorial organs have requested that Cai Esheng be held criminally responsible for the crimes of bribery, bribery through the use of influence, and abuse of power.
In the work report of the Sixth Plenary Session of the 19th Central Commission for Discipline Inspection released in February last year, Cai Esheng was publicly named. When reviewing the work in 2021, the work report pointed out that in the past year, we have comprehensively promoted the punishment of financial corruption and the prevention and control of financial risks, and rigorously investigated the "insiders" who used financial regulatory approval power and financial resources to engage in corruption, such as Cai Esheng, He Xingxiang, and Song Liang.
Shangguanhe noticed that as of now, Cai Esheng is the "tiger" with the highest amount of bribery among the "tigers" on trial this year.
This year, there is also a "tiger" who received bribes exceeding 500 million yuan. On January 6th, the Intermediate People's Court of Tai'an City, Shandong Province publicly announced the verdict on the bribery case of Li Wenxi, former member and vice chairman of the Liaoning Provincial Political Consultative Conference. The defendant Li Wenxi was sentenced to death on charges of bribery, with a two-year reprieve, deprivation of political rights for life, and confiscation of all personal property. After the two-year reprieve of his death sentence was lawfully reduced to life imprisonment, he was sentenced to life imprisonment without commutation or parole. Li Wenxi's bribery amount exceeded 540 million yuan.
Xie Jilai is also on trial this month
This month, another "tiger" is on trial.
On July 6th, the Tianjin First Intermediate People's Court held a public trial of the bribery case of Xie Jilai, former deputy director of the Standing Committee of the Hebei Provincial People's Congress.
The First Branch of the Tianjin People's Procuratorate accuses that from November 2002 to January 2017, Xie Jilai took advantage of his position as Assistant Inspector, Deputy Minister, and Executive Deputy Minister of the Organization Department of the Hebei Provincial Committee of the Communist Party of China, Deputy Director of the Standing Committee of the Hebei Provincial People's Congress, as well as the convenience conditions formed by his power and status, to provide assistance to others in matters such as promotion of position and rank, job adjustment, and engineering project development through the behavior of other national staff members. From January 1999 to December 2020, Xie Jilai illegally received property from others multiple times, totaling more than RMB 88.7 million. The procuratorial organs have requested that Xie Jilai be held criminally responsible for the crime of bribery.
Xie Jilai, who fell from power on January 26th last year, was expelled from the party on July 29th. Xie Jilai was accused of abandoning his original aspiration and mission, losing his ideals and beliefs, using the power of selecting and appointing cadres as a tool for personal gain, selling officials and titles recklessly, promoting corrupt practices of running away from official positions and buying officials, seriously damaging the credibility of organizational work, damaging the local political ecology, and failing to truthfully explain issues during organizational conversations and inquiries; Ignoring the spirit of the central eight point regulations and illegally entering and exiting private clubs to accept banquets; Violating regulations by accepting large amounts of gift money; Serious issues with lifestyle; Without any disciplinary bottom line, taking advantage of one's position to seek benefits for others in terms of promotion, job adjustment, real estate development and construction, and illegally accepting huge amounts of property.
