Agricultural Bank's former Vice President Mr Yang Lok Ma fuse: to be promoted to President of Lok Ma | ABC | Bank Executive Mr Yang | Vice President _ news

Agricultural Bank's former Vice President Mr Yang bribery case in court pleaded guilty to

"Financial · capital" Mr Yang's 30 million bribes path

Prosecutors allege Mr Yang bribery plot

Helping to finance real estate projects bribery:

1. to Li song school coordinated loan

Bribery Hong Kong dollars 10 million Yuan.

2. to help the Changzhou project developers,

Accepting a bribe of 1 million dollars.

3. help for Dr xxx Shanghai real estate projects,

Accepting a bribe of 8 million Yuan.

In charge of business bribes:

1. Wang Yaohui taken bribes totaled 4.138 million Yuan

2. Huang Jianping taken bribes of 2.5 million Yuan

The China economic weekly reporter Li Yong | Reporting from Beijing

On June 18, 2014, the second Court of the Nanjing intermediate people's Court. 9:30 A.M., dressed in a black jacket with grey trousers, Mr Yang was brought into court wearing leather shoes. The agricultural Bank (601288.SH), former Executive Director, Vice President and CPC party still wears glasses, is temperament and refined 28 formed combed. But compared with a full head of black hair photos on the Web, Mr Yang was obviously older, formed by a mixture of a lot of white hair, facial aging. This is his self May 2012 for "assisting an investigation" appeared for the first time.

Nanjing people's Procuratorate's indictment, from 2005 to 2012, Mr Yang to use its position to facilitate, on loan, for product sales and other matters relating to corporate and personal interests, accept the given property is equivalent to more than 30.79 million Yuan.

Confronted with allegations he received equivalent to 30.79 million yuan in bribes, Mr Yang without any objections. Facing prosecutors and the judge asks, his answer was "no" and "I have lost count, by any other person the subject of the investigation, said".

Former number one Vice President, ABC "deep plowers" for nearly 30 years, career, was unable to go further and instead of jail, since it listed shares at Lok Ma Chau checkpoint with the highest rank of the four bank officials.

　　Trial showed that lending profit tools

Mr Yang is suspected of taking bribes amounting to some of the largest amount of HK $ 10 million.

Showing the trial in 2005, Hong Kong stocks in the new real estate (0563.HK) Li song school in Chengdu, actual control of a road construction project, involving lawsuits, banks are reluctant to lend. Find Mr Yang Li song, hope AGBank can loan. At the time Mr Yang has served as Deputy Governor of the agricultural Bank of China Head Office.

Soon thereafter, Li song-need a loan in the school project in Chongqing, also by Mr Yang would be resolved. 2007 after a meal, Li song, Mr Yang to brother-in-law Chen Fucheng introduced to school know, Chen Fucheng at below market rates after some 50% new property stocks in Hong Kong the price of 9 million shares.

After a period of time, whose shares rose, Chen Fucheng hope clearing stock, Li song, but recommended that it continue to hold. But since then, stock prices, new real estate experience in business, Chen Fu into stock then quilt.

The prosecution pointed out that Li song had offered Chen hands, stop price to buy back stock, or giving some stock for Chen to recover losses. Li song, but Mr Yang did not agree with the school's settlement proposal. Eventually, new real estate has provided $ 10 million to Chen Fu into account.

Mr Yang also alleged amounts total 4.183 million yuan in bribes, had been highly concerned about the issue of Mr Yang and Wang Yaohui.

Hui Guo Hua industry Wang Yaohui, Chairman of the group, Beijing blue Harbor Estate Limited (hereinafter "blue harbour") of the actual control. Wang Yaohui trust art market has more range, so Wang Yaohui Mr Yang would later receive expensive works of art.

Prosecutors allege, to obtain Mr Yang of Beijing Wang Yaohui, "Solana" estate credit support project was divided into three separate bribes to Mr Yang. Bank loans involving Solana could reach 1.45 billion yuan.

Before and after the first payment in 2008 Spring Festival, Wang Yaohui with a shopping bag with 2 million Hong Kong dollars, in a lounge will be handed over to Mr Yang. Before the second is the spring 2009, in the same lounge, give Mr Yang Wang Yaohui cloth bags filled with gold bars, weighing 4 kg, worth $ 1.15 million. Third was 2010 before the Spring Festival, is still in the same lounge, Wang Yaohui sent Mr Yang Lotus of a Qi Baishi. Earlier, the Lotus diagram on the auction price of approximately 1.8 million Yuan.

However, during the hearing, Mr Yang's defence said that Solana should be regarded as an Mr Yang's performance, brought profits to ABC, and this loan is the Minsheng Bank and Mr Yang fought with competition.

Mr Yang account above 2 million HK dollars in Hong Kong for their own consumption, and paid tuition for his son there. After Mr Yang hand look at Blue Harbor project, that project well, once said that "the project well, can support." Back then, Governor of the open coordination, issued after the loan.

In addition to offering greater convenience for developers seeking loans, prosecutors also allege Mr Yang is in charge of operations, subject to some IT executives sent 2.5 million Yuan by Huang Jianping.

Starting from the end of 2009, Mr Yang is in charge of business adds to the information technology Department, procurement, system maintenance, such as on Bank computers have "right to speak". Huang Jianping look for chances to approach Mr Yang. When Mr Yang said his brother-in-law wants a BMW 4S stores need to get investment, Huang Jianping "well-advised" to send 2.5 million Yuan. Mr Yang brother-in-law 4S shop to earn a lot of money, got a 10 million dollar bonus back unit. Huang Jianping of the 2.5 million dollar principal never returned. Mr Yang admitted that the 2.5 million Yuan was given to him by Huang Jianping.

Informed the Nanjing intermediate people's Court said the trial surrounding Mr Yang received the property, determination of the nature and the amount of crime. Defendant's Yang Kun no objection to the facts alleged and qualitative, pleaded guilty in court. Complex due to the merits, the collegiate bench announced case of elective for sentencing.

　　Mr Yang man: intends to promote crime

Mr Yang's career, on May 30, 2012 was halted, when ABC announced that Mr Yang is assisting an investigation. 1.5 months later, on July 13, the ABC announced that once again, Mr Yang resigned as ABC related posts. On May 20, 2013, Xinhua said the Central Commission for discipline inspection for Mr Yang serious violation of investigation into the problem.

In 2012, with the AGBank Chairman Xiang junbo was transferred to the CIRC Chairman, previously serving Vice President Pan gongsheng, Deputy Central Bank Governor, 54 years old, Mr Yang was considered to be agricultural Bank's Board Chairman and President of the media favorites.

Mr Yang was born in Qinhuangdao, Hebei, is the master of Economics of Nankai University. 1983 the call into the agricultural Bank of China, has worked in the human resources Department for 13 years, his tact. There were reports, ABC executives first came to ABC as Governor, Mr Yang took the expensive tobacco sent to his Office, but was sternly rebuffed.

In April 1996, Mr Yang into the business sector, as a marketing executive position. A dozen years later, Mr Yang has been active in the foreground.

In 2000, Mr Yang was transferred to the President of the agricultural Bank of China Anhui branch. In 2002, was promoted to Assistant to the Governor of the Bank, as well as the President of the Anhui branch. In 2003, Mr Yang return to ABC headquarters in 2004 and appointed Deputy Governor of the Bank, members of the Party Committee. During his years as Vice President, Mr Yang long in charge of front desk operations, was in charge of real estate credit lines of leadership. After 2009, Mr Yang acted as its Executive Director. Until 2010 before the IPO, Mr Yang became in charge of retail operations and Vice President electronic banking services.

After becoming Deputy Governor, described as "youthful outbursts" of Mr Yang in life is also quite arrogant. Media reports said at a national agricultural Bank 2010 pre-IPO Branch Manager meeting Panel discussion, Mr Yang at the time during the trial, looking defiant, when Word on the spot, or even chewing gum in his mouth.

Mr Yang triggered the accident, believed to be their featured promotions. In early 2012, Mr Yang was recommended as candidates for Chairmen and Presidents, supervisors, organizational units as a precaution, to the discipline inspection and supervision departments to understand the situation, and would like to go on an expedition, to avoid "sick." Investigation, discipline inspection departments from various report finds clues in the letter from the supervisor, recommended to monitor Mr Yang, finds its close contacts with many private bosses, friendship is not shallow. Industry analysts, perhaps the "friendship does not light" into the abyss of crime of accepting bribes.

　　In recent years, bank executives to Lok Ma

June 2012

Postal savings bank issued a notice to Governor Tao Liming is assisting an investigation on suspicion of economic issues.

April 2010

Former Vice Governor Wang Yi of China Development Bank for taking bribes, was sentenced to death, suspended for two years.

In November 2006

Former Governor and Party Secretary of China Construction Bank Zhang Enzhao was sentenced to 15 years for bribery.

In January 2004

Former President of China Construction Bank Wang xuebing was sentenced to 12 years in prison for bribery.

In November 2002,

Zhu Xiaohua, Chairman of China Everbright group was originally sentenced to 15 years of imprisonment for bribery.

(According to public data)

(Original title: Secrets of agricultural Bank's Vice Governor, Mr Yang path of accepting bribes: lending for profit weapon)

00:45 on June 24, 2014 China economic weekly