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在线翻译:
szdaily -> China
New public prosecution on Pangu initiated
    2017-June-19  08:53    Shenzhen Daily

CHINESE prosecutors have indicted some staff of two companies connected to Interpol “red notice” criminal suspect Guo Wengui, judicial sources said Saturday.

A procuratorate in Dalian City in northeastern China on Friday filed a public lawsuit against several executives and employees of Beijing Pangu Investment Co. Ltd., on suspicion of duty encroachment and misappropriation of funds.

On the same day, Kaifeng City People’s Procuratorate in Central China’s Henan Province also initiated a public prosecution against Guo’s Henan Yuda Real Estate Company and its employees, on charges of defrauding loans and bill acceptance.

The procuratorate in Dalian found that in 2008 to get Zhao Yun’an, then chairman of Tianjin Huatai Holding Group Ltd. out of jail, Zhao’s wife approached Guo Wengui through an intermediary to bail out Zhao.

With Guo’s help, Zhao was granted bail, but promised to transfer Huatai’s assets to Guo, so that Guo took control of the company.

In July 2008, without calling a board meeting, Guo directed Qu Long, a defendant in the case and former executive of Huatai, to transfer more than 400 million yuan (about US$60 million) to companies controlled by Guo for Guo’s personal use. Qu is accused of taking advantage of his posts to misappropriate a huge amount of corporate funds.

In the other case, the procuratorate in Henan Province found that in 2008, Guo directed Ma Cheng, Zhang Xincheng, Guo Lijie and Xiao Yanling, all former senior staff of Henan Yuda Real Estate Company, to fraudulently obtain loans and bill acceptance totaling 1.5 billion yuan from seven banks by setting up shell companies and fabricating contracts and projects. (Xinhua)

 

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