China News Service, Beijing, February 13 (Reporter Kan Feng) He Xingxiang, the former vice president of China Development Bank, was arrested more than five months after being investigated.

This "tiger" from the financial system is suspected of four felony crimes: the crime of accepting bribes, the crime of issuing financial documents in violation of regulations, the crime of illegally granting loans, and the crime of concealing overseas deposits.

In the first week of the Year of the Tiger, six central management cadres have been dealt with, and five of them have been arrested.

Data map: In October 2015, the Hainan Provincial Public Security Department organized party members and cadres to visit and receive education at the anti-corruption warning education base.

Photo by Hong Jianpeng

"Financial Tiger" involved four felonies!

  On the 13th, the website of the Supreme People's Procuratorate announced that He Xingxiang, former member of the Party Committee and Vice President of China Development Bank, was suspected of taking bribes, issuing financial bills in violation of regulations, issuing loans illegally, and concealing overseas deposits. .

  According to the report, as assigned by the Supreme People's Procuratorate, the Beijing Municipal People's Procuratorate made a decision to arrest He Xingxiang on suspicion of taking bribes, issuing financial documents in violation of regulations, illegally granting loans, and concealing overseas deposits.

The case is being further processed.

  He Xingxiang was born in 1963. He has been working in the financial system and has served in Bank of China, Agricultural Bank and China Development Bank. In September 2021, He Xingxiang was investigated as a member of the Party Committee and Vice President of China Development Bank.

  On January 26 this year, the website of the Central Commission for Discipline Inspection and State Supervision Commission announced that He Xingxiang was expelled from the party and public office for serious violations of discipline and law.

Lending money to make money, the family style is not right

  Most of He Xingxiang's problems are closely related to his financial work.

  According to the official report, he has lost his ideals and beliefs, deviates from his original mission, is disloyal and dishonest to the party, and has a distorted view of political achievements. Financial risks, causing particularly huge losses to the country, not reporting important personal matters, and resisting organizational censorship.

  He was also accused of violating the spirit of the eight central regulations by illegally accepting gifts and gifts; lending money to management and service objects to obtain large returns; having an unhealthy family style, disregarding his spouse and children; Engage in power and money transactions, use the convenience of positions to make profits for others in loan financing, business operations, employment, etc., and illegally accept huge amounts of property.

  In addition, He Xingxiang seriously violated the party's political discipline, organizational discipline, integrity discipline and life discipline, which constituted a serious violation of the law and was suspected of taking bribes, issuing financial bills in violation of regulations, issuing loans illegally, concealing overseas deposits and other crimes.

Since last year, many people in the CDB system have been investigated

  China Development Bank was established in 1994. According to its official website, China Development Bank is the world's largest development financial institution and China's largest medium and long-term credit bank and bond bank.

  On the day He Xingxiang was investigated, the China Development Bank Party Committee held a meeting to convey the decision of the Central Commission for Discipline Inspection and the State Supervision Commission to conduct disciplinary review and supervisory investigation on He Xingxiang's suspected serious violation of discipline and law.

  The meeting demanded to learn the lessons of He Xingxiang's suspected serious violations of discipline and law, take the case as a lesson, draw lessons from it, draw inferences from one case to the other, the alarm bell will ring, more strictly abide by the regulations of integrity and self-discipline, and unswervingly comprehensively and strictly administer the Development Bank. The party is advancing in depth.

  The meeting also emphasized that it is necessary to conscientiously implement the opinions of the Party Central Committee on strengthening the supervision of the "top leaders" and the leading group, so as to manage the key minority and drive the vast majority.

Screenshot of the video of the anti-corruption feature film "Zero Tolerance"

  Since last year, in addition to He Xingxiang, a number of officials in the CDB system have been investigated, such as Zhang Linwu, a senior expert in the second review bureau of the CDB, Zhang Maolong, the former director of operations of the CDB, and Xu Weihua, the former Secretary of the Party Committee and President of the Hainan Branch of the CDB. Lin Fang, former Party Secretary and President of CDB Hubei Branch, Ni Xianmeng, former Party Committee Member and Vice President of CDB Zhejiang Branch, etc.

  In addition, early last year, Hu Huaibang, former party secretary and chairman of China Development Bank, was sentenced to life imprisonment for accepting bribes.

The Year of the Tiger begins, and many "tigers" are dealt with

  Before He Xingxiang was arrested, in the first week of the Year of the Tiger, many central management cadres had been arrested or prosecuted.

  On February 9, Gan Rongkun, former member of the Standing Committee of the Henan Provincial Party Committee and secretary of the Political and Legal Committee, was prosecuted.

  On February 10, Cai Esheng, former member of the Party Committee and Vice Chairman of China Banking Regulatory Commission, was arrested on suspicion of taking bribes, using influence to accept bribes, and abusing power; Meng Xiang, former member of the Judicial Committee of the Supreme People's Court and former director of the Executive Bureau Arrested on suspicion of bribery.

  On February 11, the Supreme People's Procuratorate made a decision to arrest Zhou Jiangyong, former member of the Standing Committee of the Zhejiang Provincial Party Committee and former secretary of the Hangzhou Municipal Party Committee, on suspicion of taking bribes.

Video screenshot: Zhou Jiangyong appeared in the anti-corruption feature film "Zero Tolerance".

  On February 12, the Supreme People's Procuratorate made a decision to arrest Xu Ming, a former member of the party group and deputy director of the State Grain Bureau, on suspicion of taking bribes and taking bribes through influence.

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