On December 29, 2023, the Intermediate People's Court of Zhenjiang City, Jiangsu Province, publicly announced the verdict on the case of Cai Esheng, former member of the Party Committee and vice chairman of the China Banking Regulatory Commission, for using influence and abuse of power, and sentenced the defendant Cai Esheng to death with a two-year reprieve, deprivation of political rights for life, and confiscation of all personal propertyHe was sentenced to 12 years imprisonment and a fine of 5 million yuan for the crime of using influenceHe was sentenced to nine years' imprisonment for the crime of abuse of power, and it was decided to carry out the death penalty with a two-year reprieve, deprivation of political rights for life, and confiscation of all personal property, and after the two-year suspension of the death penalty was completed and commuted to life imprisonment in accordance with law, he was to be imprisoned for life without commutation or paroleCai Esheng's criminal proceeds and fruits are to be recovered in accordance with the law, handed over to the state treasury, and the insufficient part will continue to be recovered.
After the trial, it was ascertained that from 2006 to 2021, the defendant Cai Esheng took advantage of his position as a member and vice chairman of the former China Banking Regulatory Commission, as well as the convenience of his authority or status, to provide assistance to relevant units and individuals in matters such as financing loans, business contracting, and job promotion, and illegally accepted property directly or through others, totaling RMB 40.7 billion yuan. From 2018 to 2021, Cai Esheng took advantage of his position as a member of the Party Committee and vice chairman of the former China Banking Regulatory Commission or the facilitation of his position to provide assistance to relevant units and individuals in matters such as equity transfers, financing loans, and work adjustments through the acts of other state functionaries, and illegally accepted property directly or through others, totaling RMB 1More than 100 million yuan. From 2010 to 2013, while serving as a member of the Party Committee and vice chairman of the former China Banking Regulatory Commission, Cai Esheng violated laws, regulations and relevant provisions by engaging in favoritism and abusing his power in the course of performing his supervisory duties, causing major losses to public property and the interests of the state and the people, and the circumstances were particularly serious.
The Zhenjiang Intermediate People's Court held that defendant Cai Esheng's conduct constituted the crime of **, the crime of using influence, and the crime of abuse of power. Cai Esheng** should be sentenced to death for the crime because the amount of money is particularly huge, the circumstances of the crime are particularly serious, the social impact is particularly vile, and the interests of the state and the people have been particularly heavyThe amount of use of influence is particularly huge, favoritism, abuse of power, and the circumstances are particularly serious, and should also be punished in accordance with law, and punished concurrently with the crime he committed. In view of the fact that after Cai Esheng was brought into the case, he truthfully confessed all the facts of the crime, and took the initiative to confess most of the ** criminal facts that the supervision organs had not yet grasped, some of which were criminal attempts, pleaded guilty and repented, and actively returned the stolen goods, and most of the stolen money and goods have been recovered from the case, and there are statutory and discretionary mitigating circumstances, and he is sentenced to death, which may not be carried out immediately. On the basis of the facts and circumstances of Cai Esheng's crime and the serious harm caused to the state and society, it was decided that after the two-year suspension of his death sentence was completed and commuted to life imprisonment in accordance with law, he would be imprisoned for life without commutation or parole. The Court accordingly rendered the judgment.
*: CCTV News).