Foreign Media: Wong Kwong Yu Huo Xing Chinese Anti-corruption Point To Commercial Bribery - Huang

Multiple perspective with foreign media Huang Guangyu The Crime and Punishment

, "directed at the Chinese business culture of corruption"

Gome Chairman Huang Guangyu Group originally had aspirations to 3 degrees Richest man in China However, this legend is now reduced to a state behind bars. This case itself, the various effects caused by the fermentation are still at home and abroad are on the case two days the media showed a great degree of concern, from different angles on the case was interpretation.

3, voluntary manslaughter, sentenced to 14 years

According to Xinhua, May 18, the Beijing Second Intermediate People's Court Gome Co., Ltd., Beijing, Eagle Real Estate Development Co., Ltd., Huang Guangyu first instance verdict according to law, finds that U.S. companies and Peng State Housing Corporation units committed bribery, were sentenced to a fine of 5 million yuan and 120 yuan; found guilty of illegal Huang Guangyu sentenced to 8 years imprisonment, confiscation of property 200 million yuan, guilty of insider trading, sentenced to 9 years and a fine of 600 million yuan, committed units of bribery and sentenced to imprisonment for two years, three sentences combined, the implementation of 14 years imprisonment, a fine of 600 million yuan, 200 million yuan confiscated property.

Beijing Second Intermediate People's Court has examined: in September 2007 to 11 months, Huang Guangyu violation of state regulations, illegal conversion of more than 822 million HK dollars. April 2007 ~ September, Huang Guangyu, as Beijing Centergate Technologies (Holding) Company Limited and director of actual control in determining the company's restructuring and other corporate assets, replacement matter, the instigation of others to use the actual control of the 85 a stock account to purchase the company stock, total turnover of RMB 1.415 billion yuan. To the reorganization of assets, exchange information on the announcement date, the stock account of the book proceeds amounted to RMB 309 million yuan. In addition, from 2006 to 2008, the Wong Kwong Yu Peng as the State Housing Corporation and the U.S. company's legal representative, to give the two companies from making improper benefit, direct or directs others to give beads with pregnant five national staff and material equivalent RMB 456 million yuan. Beijing Second Intermediate People's Court that Huang Guangyu violation of state regulations, illegal trade in illegal foreign currency constitutes the crime, the circumstances are especially serious; Huang Guangyu as inside information security officers, relevant information to buy stock before the public, particularly serious, and the culprit in the crime; Huang Guangyu to the country for the U.S. company, Peng Housing Corporation to seek illegitimate interests, to the bribery of state officials constitute a unit of bribery, the National Housing Corporation U.S. companies and Peng also constitute units of bribery , GOME, Peng Housing Corporation, Huang Guangyu unit of bribery has surrendered lighter punishment. Second Intermediate People's Court of Beijing made the decision accordance with the law.

Huang Guangyu of Crime and Punishment

British "Times" on May 18 reported quite a bit "title party" means that it is entitled " Home Appliances Huang Guangyu offering bribes to the Chinese giant to imprisonment for 14 years, "the article's introductory remark, that he was sentenced to 14 years because of bribery and other crimes committed." Times "referred to his identity: the founder of China's largest home appliance chain , who is the richest. "Times," the report did not forget to link the case with the Hurun Rich List: 41-year-old former country the United States Boss November 2008 was arrested in that year, his third top aspirations to Hurun rich tycoons.

"Times" also said he was the son of poor farmers, the last century 80's in the streets of a store selling radios and watches.

"The New York Times" on the 19th, entitled "Chinese business tycoon sentenced to imprisonment" in the media. The article will come up the identity of his past and present contrast, referred to his past, "junior high school drop-outs" was established "multi-billion dollar empire." U.S. Cable TV News 18 reported that Huang Guangyu of the rapid rise of China and abroad to attract the eye, he also inspired many aspiring Chinese entrepreneurs.

Taiwan, "China Post" 19 reported that before his arrest in Huang Guangyu, the media is full of admiration for him, and even said he was "China's Sam? Walton" (Wal-Mart founder), He started from scratch by a very smart capital operation, in a short time leap into a multimillionaire.

by: gaga

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