subject: Huang Guangyu Case Will Be Handed Down Today About A Fine Or Up To 1 Billion [print this page] First instance of trialFirst instance of trial. Huang Guangyu to contractors for many years, will not be sentenced to a fine sky-high price, his wife will be suspended for the cuckoo, Huang Guangyu case around three major mystery is expected to announced today.
Huang Guangyu of crime and punishment Huang Guangyu was charged with bribery
units, insider trading and illegal business. April 22, the case hearing, the defense lawyer Tian Wenchang Huang Guangyu is recognized by the facts alleged but denied allegations were "not guilty" defense.
As Huang Guangyu facing three charges are all prison sentences, under the "criminal" the principle of graft, the maximum sentence of not more than 20 years. Insiders pointed out that the key to the case against Wong Kwong Yu, is to distinguish between the alleged conduct is defined as units of behavior, or personal behavior.
Insider trading the most critical is how to identify sources of funding Huang Guangyu stock speculation and profit destination, if the court finds that money and profit from the unit, then the form of insider trading is a unit of crime, if the point person, it is individual criminal acts. Under the regulations, the maximum individual criminal may be sentenced to 10 years in prison; while the main responsibility for crimes committed by units are the most important will be sentenced to five years in prison.
Second, criminal penalties for the crime of illegal business was in serious cases of Department 5 years of imprisonment or criminal detention, be fined not less illegal income a fine of up to 5 times; the circumstances are especially serious, 5 years years imprisonment, illegal income and impose a 1 to 5 times the fine or confiscation of property. Finally, the unit of bribery statutory maximum sentence of 5 years in prison.
So how convicted Huang Guangyu, the courts still see it recognized the three counts charged.
astronomical fines might create As China had "richest" Huang Guangyu was still holding a great deal of property and stock. Based on the contents of the indictment, Huang Guangyu of illegal insider trading proceeds through the 3.09 million yuan. Once the court set up its insider trading, in accordance with the provisions of insider trading can be more than 1 times the illegal income and impose a 5 times the fine. Therefore, Huang Guangyu most likely to face astronomical fines.
"Calculated in accordance with 309 million profit, Huang Guangyu could face fines of around one billion." A lawyer told reporters in legal proceedings. Rhododendron can be suspended
For Huang Guangyu wife allegations cuckoo cuckoo's lawyer Xu Xi Long maximize the benefits from the parties proceed to do a "minor" defense. Rhododendron respondent alleged insider trading, because it is an accomplice and is in line with Detention period, so the possibility of probation is very large.
According to sources, the cuckoo in the investigation and trial stages, performed very well and has been under criminal detention and after more than a year has now been released on bail.
Huang Guangyu Case Will Be Handed Down Today About A Fine Or Up To 1 Billion
