The Discipline Inspection Commission of the government is currently investigating, and officials of the Hainan Provincial Commission for Discipline Inspection have been reported for lending high interest loans: they have retired Wei Fuliang | Hainan Provincial Commission for Discipline Inspection | government agencies
Li Chao, a cadre of the Hainan Provincial Commission for Discipline Inspection, was reported to have lent more than 20 million yuan in high interest loans to Yang Haobo, the former owner of the Haikou Sunshine Baroque Plaza project, through agents Wei Fuliang and Mao Jian in 2010 and 2011. Li Chao himself denied this.
The staff of the Hainan Provincial Commission for Discipline Inspection and Supervision stated that the investigation into Li Chao's report has been carried out by the disciplinary commission of the government. Photo by reporter Xie Yinzong from Pengpai News
After reporting on the evening of August 3rd, Pengpai News stated that the incident had an impact on the image of the Hainan Provincial Commission for Discipline Inspection and Supervision, and the leadership attached great importance to it. Previously, there was a clue about Li Chao in the Cadre Supervision Office. As he has retired, he is currently being investigated by the Discipline Inspection Commission of Hainan Province. They will provide feedback on the progress of the case to the reporting party.
![The Discipline Inspection Commission of the government is currently investigating, and officials of the Hainan Provincial Commission for Discipline Inspection have been reported for lending high interest loans: they have retired Wei Fuliang | Hainan Provincial Commission for Discipline Inspection | government agencies](https://a5qu.com/upload/images/3779e3dc200c50600cf6016c7f59cff1.jpg)
According to a previous report by Pengpai News, in mid June this year, 11 members of the creditor committee of the Haikou Sunshine Baroque Plaza project submitted materials to the Hainan Provincial Commission for Discipline Inspection and Supervision, reporting in real name that Li Chao, through his agents Wei Fuliang and Mao Jian, provided Yang Haobo, the former owner of the Sunshine Baroque Plaza project, with more than 20 million yuan in high interest loans in 2010 and 2011, and planned to turn the "Commercial Housing Sales Contract" that was used as a loan guarantee into a real transaction, taking away 27 sets of shops worth more than 30 million yuan.
In a video notarized by the notary office in 2019, Yang Haobo stated that he did not know Wei Fuliang and Mao Jian, and borrowed more than 20 million yuan from Li Chao, a cadre of the Hainan Provincial Commission for Discipline Inspection.
In 2019, Yang Haobo told a notarization video that he didn't know Wei Fuliang and Mao Jian, and the money was lent to him by Li Chao. Pengpai News reporter Xie Yinzong's profile picture
![The Discipline Inspection Commission of the government is currently investigating, and officials of the Hainan Provincial Commission for Discipline Inspection have been reported for lending high interest loans: they have retired Wei Fuliang | Hainan Provincial Commission for Discipline Inspection | government agencies](https://a5qu.com/upload/images/f107237eb61699ceb0b3ad4be52a3f74.jpg)
Regarding the real name report by Deng Changde and others, Li Chao stated in an interview with Pengpai News on June 30th that the report about him lending high interest loans to Hongcai Company is nonsense and has been confirmed by criminal judgments.
As for the situation where Yang Haobo stated in the notarization that Wei Fuliang and Mao Jian were Li Chao's agents, Li Chao said, "What evidence does he have? The court has tried and ruled, and he said so? These creditors are extorting money there."
Yang Haobo and his company signed an agreement with creditors to clear their debts. Pengpai News reporter Xie Yinzong's profile picture
![The Discipline Inspection Commission of the government is currently investigating, and officials of the Hainan Provincial Commission for Discipline Inspection have been reported for lending high interest loans: they have retired Wei Fuliang | Hainan Provincial Commission for Discipline Inspection | government agencies](https://a5qu.com/upload/images/01bf97aa5171409d36553f82f013be6d.jpg)
On July 11th, Wei Fuliang told The Paper that Li Chao was his uncle. In 2011, he paid more than 17.38 million yuan to Yang Haobo in his name, which was the full amount of money he used to buy a house. There was no borrowing or lending, and the money was his own, not Li Chao's. He also had relevant vouchers.
The criminal case involving Yang Haobo is currently undergoing a second trial. In this case, the Ding'an County Public Security Bureau in Hainan entrusted the Hainan Fair Judicial Appraisal Center to conduct judicial accounting appraisal on Yang Haobo's illegal absorption of public deposit funds. The judicial appraisal opinion stated that Wei Fuliang's more than 17.38 million yuan and Mao Jian's 3 million yuan were both loans, and Wei Fuliang and Mao Jian were also listed as creditors. At the same time, the purchase and sale registration of 27 sets of shops is also stated in the opinion letter as "for mortgage loans". According to the information provided by Deng Changde, from April 2011 to January 2012, Yang Haobo issued multiple payment application forms, paying over 5.94 million yuan to Li Congyan and Chengdu Hankun Environmental Protection Equipment Co., Ltd. in the form of "payment to Wei Fuliang". Deng Changde said that this over 5.94 million yuan is used to pay interest on the loan of over 20 million yuan for Wei Fuliang and Mao Jian.
In response to the report by Pengpai News, a staff member of the Hainan Provincial Commission for Discipline Inspection and Supervision stated on the afternoon of August 4th that this matter affects the image of the Hainan Provincial Commission for Discipline Inspection and Supervision, and the leadership attaches great importance to it. Li Chao is currently retired, and there were clues about him in the Cadre Supervision Office before. Because the authority is not within the cadre supervision office, the investigation is currently being conducted by the disciplinary commission of the agency. They will also have a meeting in the afternoon of the same day to study the content of the report. They do not accept interviews regarding issues related to the case. In some cases, the investigating department and investigators will provide feedback to the reporting parties.
![The Discipline Inspection Commission of the government is currently investigating, and officials of the Hainan Provincial Commission for Discipline Inspection have been reported for lending high interest loans: they have retired Wei Fuliang | Hainan Provincial Commission for Discipline Inspection | government agencies](https://a5qu.com/upload/images/edb6de93eaf9b8b5999cb541b776291a.jpg)
According to a previous report by Pengpai News, Li Chao was reported under his real name after being reported for violating business rules in 2011.
The judicial accounting appraisal opinion commissioned by the Ding'an County Public Security Bureau stated that Wei Fuliang borrowed more than 17.38 million yuan and Mao Jian borrowed 3 million yuan. Yang Haobo previously stated that all of this money was lent to him by Li Chao. Pengpai News reporter Xie Yinzong's profile picture
After lending more than 17.38 million yuan, Yang Hongbo paid more than 5.94 million yuan in interest from 2011 to 2012, which was transferred to Li Congyan and Chengdu Hankun Environmental Protection Company, with the majority indicating "payment to Wei Fuliang". Pengpai News reporter Xie Yinzong's profile picture
![The Discipline Inspection Commission of the government is currently investigating, and officials of the Hainan Provincial Commission for Discipline Inspection have been reported for lending high interest loans: they have retired Wei Fuliang | Hainan Provincial Commission for Discipline Inspection | government agencies](https://a5qu.com/upload/images/78ef8226166444430ad7bab838d3fcde.jpg)
In response to the report of Li Chao's illegal business practices, the Hainan Provincial Commission for Discipline Inspection established an investigation team to investigate. In June 2012, the commission announced to the public that it had seriously investigated and dealt with Li Chao, the former deputy director of the Third Discipline Inspection and Supervision Office of the Provincial Commission for Discipline Inspection, for engaging in profit-making activities. In July 2011, the Hainan Provincial Commission for Discipline Inspection received a real name report regarding Li Chao's involvement in profit-making activities. The relevant leaders of the Provincial Commission for Discipline Inspection have had multiple conversations with Li Chao, but he lacks sufficient understanding of his mistakes and did not take timely measures to eliminate negative effects, resulting in the whistleblower posting again online, causing follow-up and onlookers, and causing a negative impact. After in-depth investigation and verification, in January 2012, the Standing Committee of the Hainan Provincial Commission for Discipline Inspection made a decision to revoke Li Chao's party position and impose administrative dismissal penalties.
The whistleblower Deng Changde told Pengpai News on August 5th that the report materials he delivered on July 7th were signed for by the Hainan Provincial Commission for Discipline Inspection and Supervision on July 9th. On the morning of July 17th, a staff member of the Hainan Provincial Commission for Discipline Inspection and Supervision called him, stating that the materials had been received and would be forwarded to relevant departments for further investigation. On August 4th, he was unable to inquire about the progress of the case through the hotline of the Discipline Inspection Commission at "12388". The operator suggested that he bring his ID card to the interview window of the Hainan Provincial Commission for Discipline Inspection and Supervision to inquire.