Bright former Chairman Wang was charged with misappropriating a total of over 190 million _ former Chairman of embezzlement | | light news

-Reporter Li Donghua

Morning news at 9 o'clock yesterday, Shanghai second intermediate people's Court of Shanghai City public hearing found the second branch to prosecute Wang for embezzling public funds, bribery case.

Wang zongnan, from November 1999 to April 2003, Shanghai friendship (Group) limited company General Manager and Deputy Secretary, from April 2003 to July 2006 as Shanghai brilliance (Group), CEO and Deputy Secretary, since July 2006, bright food (Group) co Secretary of party Committee and Chairman of the Board.

Prosecution organ sued allegations: Wang in by friendship group delegate served as Shanghai Lianhua Supermarket Corporation Chairman during, and Shanghai Lianhua Supermarket Corporation General Manager liangwei, and financial director Xu Lingling, people (are separate processing) by common deliberations, using positions convenience, since 2000 to 2006 between personal decided to units name, has 10 times common misappropriated public funds Yuan more than 190 million over Yuan, owned Shanghai State Ding limited, and Shanghai Springs run limited using. Zhihou, Wang zongnan 261,300 actually get dividends, reimbursement of medical expenses of more than more than 938,700 million. In January 2000, Mr Wang served as Group General Manager duties, such as friendship, taking profits for a certain group, in early 2003, made to the Group Chairman, Mr Wang low price for its subordinate enterprises developed the Songjiang laiting 599, two villas. In January-September of that year, Wang zongnan 3000 RMB per square metre parents total 2.087 million dollars bought the property at low prices. Certification Center by Shanghai price valuation in January 2003, Villa sale above the market price for 6950 and 6800 Yuan Yuan per square meter, the difference equals more than 2.69 million Yuan.

Prosecutors believe that defendant Wang in such posts as friendship, Lianhua Supermarket, General Manager of the Group's Chairman during the, and used his position to facilitate, for the benefit of others, receiving more than 2.69 million Yuan illegally King or colluding with others to embezzlement of more than 190 million Yuan shall be based on bribery and embezzlement investigation of his criminal responsibility.

Wang and the defender in trial in the defence said accused not constitute misappropriated public funds sin, reason is: Wang on part misappropriated public funds of facts not informed; misappropriated public funds behavior is not from personal decided, but by core management layer meeting Hou decided; State Ding company real is Alliance China company of subsidiary; Liang Granville gives of 261,300 yuan and accused claims of medical 938,700 Yuan and misappropriated public funds Zhijian not has criminal Shang of causal relationship,. Meanwhile, Wang and his defenders think bribery of the accused has mitigating circumstances because of Wang's parents buy a House money, certificate of registration of name, actually lived with the defendant does not matter.

Trial ended yesterday around 12:30, the Court will choose a sentencing date.

(Original title: Guang Ming Wang zongnan, Chairman of original embezzlement, bribery case trial)

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