He Xingxiang, the former deputy governor of the National Development Bank, received bribes, issued financial tickets illegally, issued loans illegally, and concealed the trial of the first trial of overseas deposits

On August 23, the Beijing Third Intermediate People's Court opened the trial of the first instance of the National Development Bank, the former vice president of the State Development Bank, He Xingxiang, bribed, issued financial tickets illegally, issued loans illegally, and concealed overseas deposits.

The third branch of the Beijing Municipal People's Procuratorate accused: From 2006 to 2021, the defendant He Xingxiang used the president of the Bank of China Hainan Branch, the president of the Bank of China Shandong Branch, the vice president of China Agricultural Development Bank, and the vice president of the National Development Bank Waiting for the convenience of positions, or the convenience conditions formed by power and status, through the behavior of staff of other countries, to help relevant units and individuals in terms of loan approval, personnel arrangements, etc. RMB 66.36 million. From 2012 to 2014, while serving as the president of the Shandong Branch of the Bank of China, He Xingxiang violated the regulations and issued credit certificates for relevant enterprises, more than RMB 6.349 billion, and USD 104 million for more than 104 million yuan; RMB 1.823 billion. From 2010 to 2021, He Xingxiang knew that the state staff's deposits should be declared in accordance with national regulations. The actual control of its relative account was equivalent to more than RMB 33.69 million and concealed it. The behavior of the defendant He Xingxiang constitutes the crime of bribery, the crime of issuing financial tickets in violation of the rules, the crime of issuing loans in violation of the law, and concealing overseas deposits.

During the trial, the procuratorial organs presented relevant evidence. The defendant He Xingxiang and his defender conducted a qualitative certificate. The two parties of the prosecution fully expressed their opinions under the auspices of the court. He Xingxiang made a final statement and expressed his guilty and regret. Representatives of the People's Congress listened to the trial with more than 20 people from all walks of life.

At the end of the trial, the court announced the offer and pronounced it.

Source: CCTV

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