China News Service, August 11, according to the official Weibo news of Tianjin No. 2 Intermediate People's Court, on August 11, 2020, Tianjin No. 2 Intermediate People's Court held a public hearing of the original director of China Huarong Asset Management Co., Ltd. Changlai Xiaomin's case of bribery, corruption, and bigamy.
The Second Branch of the Tianjin Municipal People’s Procuratorate prosecuted allegations. From 2008 to 2018, the defendant Lai Xiaomin used to be the director of the General Office of the China Banking Regulatory Commission, deputy secretary and president of the party committee of China Huarong Asset Management Corporation, and China Huarong Asset Management Co., Ltd. The company’s party committee secretary and chairman, Huarong Xiangjiang Bank Co., Ltd. party committee secretary (concurrently) and other positions are convenient to seek benefits for relevant units and individuals, or use the convenience of their power and status to pass other national staff positions The above acts, seeking illegitimate benefits for others, directly or through others, soliciting and illegally accepting property given by relevant units and individuals, a total of more than 1.788 billion yuan, of which more than 104 million yuan has not yet been received. From the end of 2009 to January 2018, Lai Xiaomin took advantage of his position and cooperated with others to illegally occupy public funds totaling more than 25.13 million yuan. In addition, during the legal marriage relationship, Lai Xiaomin lived and lived together with others in the name of husband and wife for a long time, and had two sons. According to the law, they should be held criminally responsible for bribery, corruption, and bigamy.
During the court trial, the public prosecution agency produced relevant evidence, Lai Xiaomin and his defender cross-examined the evidence. Both the prosecution and the defense fully expressed their opinions under the auspices of the court. Lai Xiaomin also made a final statement and pleaded guilty and repented in court. Deputies to the National People's Congress, CPPCC members, journalists and people from all walks of life attended the trial.
After the trial was over, the court announced an adjournment, and the case was announced at a fixed date.