China News Service, February 1st, according to the Shanghai Commission for Discipline Inspection: A few days ago, with the approval of the Shanghai Municipal Commission, the Shanghai Municipal Commission for Discipline Inspection had dealt with Mu Shi, the former vice president of Shanghai Pudong Development Bank Co., Ltd. (hereinafter referred to as "SPDB"). Serious violations of discipline and law were filed for review and investigation.
After investigation, as a leading cadre of a party member of a state-owned financial enterprise, Mu Shi has lost his ideals and beliefs, has not adhered to the bottom line of discipline, and has changed values. He has no fear of party discipline and national laws. He regards the financial resources entrusted and managed by the state as a tool for family profit. Familiarity with financial business exploits policy "loopholes" and disrupts the order of the financial market; during national audits, in order to prevent possible future organization investigations, collude with others and falsify evidence to oppose organizational review; fail to truthfully report personal matters and select and appoint cadres Seek benefits for others; engage in profit-making activities in violation of regulations and invest in stocks in companies that have business relationships with the company; improper family ethics, mutual greed by husband and wife, and corruption in life; use the convenience of position and the convenience of power or status to serve others Seek profits, illegally accept huge amounts of property; conceal overseas deposits, the amount is relatively large.
Mu Shi seriously violated political discipline, organizational discipline, integrity discipline, life discipline, and national laws and regulations. He was suspected of accepting bribes and concealing overseas deposits. He was still not convergent or unstoppable after the 18th National Congress of the Communist Party of China. The nature was serious and the impact was bad. Should be dealt with seriously.
Pursuant to relevant regulations such as the Regulations on Disciplinary Actions of the Communist Party of China, the Supervision Law of the People’s Republic of China, the Standing Committee of the Municipal Commission for Discipline Inspection decided to expel Mu Ya from the party; confiscated his disciplinary gains; and transferred his suspected crimes to the procuratorial organ for review and prosecution according to law , The property involved is transferred together.
Mu Shi's Biography
Mu Shi, male, born in September 1961, Han nationality, a native of Beijing, with a master's degree, started working in September 1979 and joined the Communist Party of China in March 1984.
From July 2000 to March 2001, the person in charge of the establishment of Shanghai Pudong Development Bank Tianjin Branch;
From March 2001 to June 2004, Deputy President and Deputy Party Secretary of Shanghai Pudong Development Bank Tianjin Branch;
From June 2004 to March 2008, President, Party Secretary, and Party Committee Secretary of Shanghai Pudong Development Bank Tianjin Branch;
From March 2008 to June 2009, Director of Risk Management Headquarters of Shanghai Pudong Development Bank;
From June 2009 to March 2015, Vice President and Party Committee Member of Shanghai Pudong Development Bank;
From March 2015 to November 2015, Vice President, Party Committee Member and Board Secretary of Shanghai Pudong Development Bank;
From November 2015 to June 2017, Secretary of the Board of Directors of Shanghai Pudong Development Bank;
Resigned in June 2017.