Several review officials have been dismissed!Anti -corruption forces in the field of securities issuance and trial

"China Economic Weekly" reporter Sun Tingyang | Beijing report

Whether it is the "rotating door" of political and business or after retirement, the corrupted reviewers cannot escape the review and investigation.

On June 10, the website of the Securities and Futures Commission announced that Feng Heian, the former director of the Shandong Securities Regulatory Bureau, was suspected of serious disciplinary violations and was undergoing disciplinary review and supervision investigation.

8 days ago, on June 2nd, the website of the CSRC announced that Wang Zongcheng, the former director of the Accounting Department of the CSRC, was suspected of serious disciplinary violations and was undergoing disciplinary review and supervision investigation.

Within 8 days, the CSRC announced two cases of officials. Screenshot Source: CSRC website

Also on June 2nd, the Shenzhen Municipal Intermediate People's Court was sentenced to a child who had worked in the Securities and Futures Commission.

Feng Heian, Wang Zongcheng and Tong Daochi were all issued by the CSRC issued review and supervision officials. The issuance supervision has the power to listed on the company's listing, and has always been a key department for anti -corruption.

Officials who have been issued in the horse have been practicing for 20 years, and some people "corruption runs through career"

In addition to the above three people, those who have been investigated and punished in the field of review and trial in recent years include Mao Bihua, former party secretary and director of the Chongqing Supervision Bureau of the Securities Regulatory Commission, Xu Tie, former party committee secretary and director of the Shandong Supervision Bureau of the Securities Regulatory Commission, and Xu Tie, the Secretary of the Secretary for Supervision, Zeng Changhong, the former first -level inspector of the Protection Bureau, and Zhu Yi, a member of the SFC's original trial committee and member of the CSRC's original trial committee.

Among the above -mentioned personnel, Mao Bihua was the earliest in issuing supervision. He started working in the Securities and Futures Commission in July 1996, and started as a member of the Director of the issuance supervision department to the director of the Chongqing Securities Regulatory Bureau. He was investigated in December 2020. year.

In the past 24 years, Mao Bihua's work is mainly in the field of trial. During this period, the stock market listed and traded stocks increased from 444 to 4093 (as of Mao Bihua's dismissal in December 2020). Yes, his "corruption runs through his career."

According to the survey results of the Discipline Inspection and Supervision Group of the State Commission of Discipline Inspection and the Securities Regulatory Commission and the Shandong Provincial Supervision Commission: Mao Bi Huagan was "hunting", corruption runs through his career, long -term use of authority and postal impact to seek benefits for others, and illegally accept huge amounts of huge amounts property.

潍坊市人民检察院指控称：1998年至2017年5月，毛毕华利用担任证监会发行监管部主任科员、发行监管部发行监管处副处长、稽查局副局长，稽查总队副总队长、 Captain Captain, the convenience of the party committee secretary and director of the Chongqing Regulatory Bureau, and the convenience conditions for the formation of authority or status, directly or through the behavior of staff of other countries, apply for public offerings or individuals to apply for public offering of stocks, investigation of case investigations, etc. Practice benefits. Before the Spring Festival from November 1998 to the Spring Festival of 2020, the property was illegally received by relevant personnel, a total of more than 47.34 million yuan.

Mao Bihua expressed his confession in court.

Xu Tie, former deputy director of the issuance supervision department of the CSRC and director of the Shandong Securities Regulatory Bureau, was investigated 6 years after retirement. In December 2019, the Discipline Inspection and Supervision Group of the State Administration of Discipline Inspection and the CSRC and the Shandong Provincial Commission for Discipline Inspection reported that Xu Tie's selfish desire expanded and was willing to be "hunting". Administrative approval and daily supervision have obtained improper benefits for supervision, illegally accepting other people's property, and the amount is particularly huge.

The Shandong Provincial Supervisory Commission transferred Xu Tie's suspected crime to the procuratorial organs to review and prosecute in accordance with the law, but so far, the news of the Xu Tie case has not been seen so far.

Zeng Changhong, who worked for the supervision department of the Securities and Futures Commission 3 months later, worked for the review department for a longer time in the issuance and review department.

Like Xu Tie and Xu Tie, they were investigated and punished after leaving the CSRC.

In October 2009, the GEM opened, Zeng Changhong was at this time the GEM issuance supervisory officials. Before that, she had been engaged in the issuance supervision work for 8 years.

Zeng Changhong was born in January 1961. From January 2001 to November 2009, he served as a cadre, director, and deputy inspector of the China Securities Regulatory Commission. Deputy Director of the Distribution Supervision Department and Deputy Director of the Distribution Supervision Department.

According to relevant regulations, the positive and deputy female cadres of the institutions and institutions and female professional and technical personnel with senior professional titles are 60 years old. According to this calculation, Zeng Changhong should retire in January 2021. However, in August 2019, when the retirement age was 17 months, Changhong was transferred to the CSRC. It was checked in October 2021.

According to the Discipline Inspection and Supervision Team of the State Supervision Commission of the Central Commission for Discipline Inspection and the Hunan Provincial Commission for Discipline Inspection: Zeng Changhong has long been working on the key positions of the securities issuance review, "relying on review, eating and issuing trial" Escape supervision and supervision, continue to collect money deliberately; seek improper benefits for others in terms of enterprise issuance and listing, re -financing review, etc., seriously damage the order of issuance review, damage the image of securities supervision;

The intersection of Tong Daochi and Zeng Changhong was the 10 months from August 2006 to April 2007. At that time, Tong Daochi served as deputy director of the issuance supervision department of the Securities and Futures Commission. Earlier, Tong Daochi also served as the deputy director of the supervision department of the listed company of the CSRC. These two positions also appeared on Tong Daochi's judgment.

On June 2nd, the Tongdao Chi case was sentenced in the first instance. The court trial found that Tong Daochi used the convenience of the deputy director of the supervision department of the China Securities Regulatory Commission's listed company, deputy director of the issuance supervision department, and the secretary of the Sanya Municipal Party Committee. For help, a total of 274 million yuan in bribery and belongings were discounted. While serving as the deputy director of the issuance supervision department of the CSRC, Tong Daochi was engaged in insider transactions and made a profit of about 3.38 million yuan. The two crimes were punished, and the court sentenced Tong Daochi to the death penalty for two years, and fined 4 million yuan. This is the heaviest case of corruption from officials of the Securities and Supervision System.

Tong Daochi stated that he obeyed the court's decision and did not appeal.

On June 2nd, Wang Zongcheng was announced that he was "under investigation by disciplinary review and supervision investigation." He has worked for more than 4 years with Zeng Changhong's issuing review department. That is, from April 2012 to July 2016, Wang Zongcheng served as the Inspector and Deputy Director of the GEM of the CSRC.

From July 2012 to December 2013, Wang Zongcheng and Zeng Changhong were both deputy directors of the issuance supervision department of the GEM of the CSRC, while the director of the time was Feng Heian.

After Wang Zongcheng was investigated 8 days, Feng Henian was also filed for investigation. At this point, in 7 months, the three people who have served as the director and deputy director of the GEM issuance supervision department of the Securities Regulatory Commission have been dismissed one after another.

After Feng Henian left the CSRC's GEM issuance supervision department, he was transferred to the party committee secretary and director of the Shandong Securities Regulatory Bureau. He was the chairman of Minsheng Securities.

Specific or endlessly sentenced to death

Zeng Changhong, Wang Zongcheng and Feng He's year still need to be investigated further.

Judging from the corruption case of the Securities Regulatory Commission who has already opened trials or publicly judged, the amount involved was quite amazing, so the punishment was correspondingly heavier.

Tong Daochi involved in the case was as high as 274 million yuan, and he was sentenced to death, second only to Lai Xiaomin who was sentenced to death.

Mao Bihua received a total of more than 47.34 million yuan, and has not yet been publicly pronounced.

However, as early as 2018, Li Zhiling, former director of the China Securities Regulatory Commission's issuance supervision department, was sentenced to life imprisonment for 42.05 million yuan in bribes.

According to the judgment, from 2003 to 2015, when Li Zhiling served as the second director of the Securities Regulatory Commission's issuance supervision department, and the topic staff of the fourth officer of the CSRC, he used the convenience of the company's first public issuance of stocks and financial review applications for the company for the first time. It helps the relevant companies to obtain the financing approval approval of the CSRC, and give a total of 42.05 million yuan and Mercedes -Benz cars such as listed companies and sponsorship agencies.

How will the Mao Bihua case in the end? Will the Li Zhiling case provide a case for reference?

The issuance review committee members are also investigated and punished

Some members responsible for review also have cases of disappointment.

In December 2021, the former member of the Securities and Futures Commission and the deputy director of the listing of the Listing and Creation Audit Center of the Shanghai Stock Exchange, and was "double -opened" for serious disciplinary violations. Disciplinary violations of the fucking ships include the mix of the issuance of the issuance of the issuance of the issuance of the issuance of a profit tool, illegally accepting a large number of property, and illegally profitable by investing in the stock market. The amount is huge.

From 2010 to 2012, 2014 to 2017, the operation was a member of the Securities and Futures Commission Main Board. He also served as the deputy general manager and general manager of the two deputy general managers and general managers of the Listing Center of the Shanghai Stock Exchange Science and Technology Board, as well as the deputy director of the three general managers of the review and the deputy director of the science and technology board listing review center.

One month earlier than the operation of the ship, that is, in November 2021, Zhu Yi, a member of the original trial committee of the Securities and Futures Commission, was suspected of serious illegal illegal and undergoing supervision and investigation.

Zhu Yi's experience is similar to Feng Henian. He first worked in the CSRC first, and then went to the securities firm after leaving. From May 2012 to September 2017, Zhu Yi was a member of the Main Board of the Securities and Futures Commission. When he was investigated in August 2018, he was the assistant to the president of Guotai Junan Investment Company. manager.

On March 22, the Securities and Futures Commission held a system of comprehensively and strictly governing the party and disciplinary inspection and supervision work conference. The meeting emphasized that in the work that must be focused on the work, including the promotion of financial anti -corruption and handling financial risks, resolutely govern the "rotating door" of politics and business; improve the three -dimensional three -dimensional; improve the three -dimensional three -dimensional; improve the three -dimensional three -dimensional; improve the three -dimensional three -dimensional; improve the three -dimensional three -dimensional; improve the three -dimensional three -dimensional; improve the three -dimensional three -dimensional. The supervision and restriction mechanism of the chemicalization, deepen the right to use the right to use, transparent approval, strengthen the prevention and control of the risk of clean government in key areas, and improve the overall quality of supervision.

Responsible | Yao Kun

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