Nearly 4 months after the first trial of the insurance industry veteran Wan Feng**, the public verdict was announced. Wan Feng was sentenced to six years and six months in prison and fined 700,000 yuan.
Wan Feng was rumored to have lost contact with him in November last year at the beginning of this year, when he had been retired for two years. In June this year, the official announced that Wan Feng was expelled from the party, and on August 31, Wan Feng's ** case was tried in the first instance**.
The verdict was pronounced in the first instance. According to the WeChat information of "Shandong High Law", on December 27, 2023, the Intermediate People's Court of Linyi City, Shandong Province, publicly announced the first-instance verdict of the case of Wan Feng, former Secretary of the Party Committee and Chairman of Xinhua Insurance, and sentenced the defendant Wan Feng to six years and six months in prison and a fine of RMB 700,000 for the crime of **. The seized stolen money in the case shall be confiscated in accordance with law and turned over to the state treasury.
The court found that from 1997 to the first half of 2018, the defendant Wan Feng served as the secretary of the party group and general manager of the Shenzhen branch of China Insurance Life Insurance ***, the member of the party committee and deputy general manager of Chinese Life Insurance Company and the secretary of the party committee and general manager of Shenzhen Branch, the member of the party committee and vice president of Chinese Life Insurance (Group) Company and the party secretary, chairman and president of Chinese Life Insurance Co., Ltd. ***, and the party secretary of Xinhua Insurance Company. During the period of chairmanship, he took advantage of his position, or took advantage of the convenience formed by his authority and position, and sought benefits for others in project procurement, project contracting, and job promotion through other state employees. From the summer of 1998 to the spring of 2020, he illegally accepted cash, shopping cards and other property from relevant personnel on several occasions, equivalent to a total of more than 12.09 million yuan, of which 10 million yuan was an attempt.
The Linyi Intermediate People's Court held at trial that the defendant Wan Feng, as a state functionary, took advantage of his position to seek benefits for others, or took advantage of the convenience formed by his own authority and position to seek improper benefits for others through the conduct of other state functionaries in his position, and illegally accepted other people's property, the amount of which was particularly huge, and his conduct constituted a crime of **. Wan Feng has voluntarily surrendered, the main crime is an attempt, actively return all the stolen money, admit guilt and repent, and the punishment can be reduced in accordance with law. The above judgment was rendered in accordance with the law.
There is a slight discrepancy with the information alleged by the public prosecution.
It is worth noting that there is a certain difference between the information ascertained by the court of first instance in the above-mentioned Wan Feng ** case and the information alleged by the public prosecution.
According to the Chinese reporter of the brokerage, in the time frame of illegally accepting cash, shopping cards and other property sent by relevant personnel, the public prosecution alleged that it was "from the summer of 1998 to before the Mid-Autumn Festival in 2017", while the court found that it involved "from the summer of 1998 to the spring of 2020". However, despite the difference in time, the amount of money and property received is the same.
Previously, Wan Feng's ** case was openly tried by the Linyi Intermediate People's Court in the first instance on the morning of August 31. During the trial, the public prosecution presented relevant evidence, the defendant Wan Feng and his defender conducted cross-examination, and the prosecution and defense fully expressed their opinions under the auspices of the court. In his final statement, the defendant Wan Feng pleaded guilty and accepted punishment and hoped that the court would give him a reduced punishment. At the end of the trial, the court announced an adjournment and announced the verdict at a later date.
At that time, the public prosecution alleged: from the second half of 1997 to the second half of 2018, the defendant Wan Feng served as the secretary of the party group and general manager of the Shenzhen branch of China Insurance Life Insurance ***, the member of the party committee and deputy general manager of Chinese Life Insurance Company and the secretary of the party committee and general manager of Shenzhen Branch, the member of the party committee and vice president of Chinese Life Insurance (Group) Company and the secretary and president of the party committee of Chinese Life Insurance Co., Ltd., the secretary of the party committee of Xinhua Insurance Company, During the period of chairmanship, he took advantage of his position, or took advantage of the convenience formed by his authority and position, and sought benefits for others in project procurement, project contracting, and job promotion through other state employees. From the summer of 1998 to the Mid-Autumn Festival in 2017, he illegally accepted cash, shopping cards and other property from relevant personnel on several occasions, equivalent to a total of more than 12.09 million yuan, of which 10 million yuan was attempted.
He was expelled from the party half a year ago.
Born in 1958, Wan Feng is a veteran of the life insurance industry, having held key positions in two leading life insurance companies, Chinese Life and Xinhua Insurance, and is well-known in the insurance circle, especially in the life insurance circle. At the beginning of this year, Wan Feng was revealed to have lost contact in November last year, which was highly concerned by the industry. On June 21, after months of circulating news of the disappearance, the official released Wan Feng's related movements for the first time - he was expelled from the party.
At that time, the **Commission for Discipline Inspection and the State Supervision Commission** released information that Wan Feng seriously violated the party's organizational discipline and integrity discipline, constituted a serious violation of duty and was suspected of ** crime, and did not rein in after the 18th National Congress of the Communist Party of China, which was serious in nature and had a bad impact, and should be seriously dealt with. In accordance with the relevant regulations, after the study of the Party Committee of China Investment Corporation, it was decided to expel Wan Feng from the partyconfiscate their disciplinary and illegal gains;The Linyi Municipal Supervision Commission of Shandong Province will transfer the issue of Wan Feng's suspected crime to the procuratorate for review and prosecution in accordance with law, and the property involved will be transferred together.
After disciplinary review and supervision investigation, Wan Feng, as a party member and leading cadre who has worked in the field of finance and insurance for a long time, lost his ideals and beliefs, abandoned his original mission, ignored the spirit of the eight regulations, accepted gifts and money in violation of regulations, accepted banquets, fitness and entertainment arrangements in violation of regulations, and obtained, held and used golf cards in violation of regulationsTrampling on organizational principles, not truthfully reporting personal matters, and using the power and influence of the position to seek personnel benefits for others in violation of regulations;Failure to keep the bottom line of integrity, accepting consumption cards that may affect the fair performance of official duties, and taking office in violation of regulations without approval;Lawlessness, relying on finance to eat finance, using public power as a tool for grabbing private interests, seeking benefits for others in the purchase and sale of real estate projects, bank savings, project contracting, etc., and illegally accepting huge amounts of property.
In his 38-year career, Wan Feng spent the first 32 years in the Elderly Insurance and China Life System, and served as the president of Chinese Life for nearly 7 years. He joined New China Insurance in August 2014 and left New China Insurance in January 2019. After that, Wan Feng joined Dingcheng Life Insurance, a small and medium-sized life insurance company, as chairman for less than 2 years, and resigned and retired in September 2020.
Editor-in-charge: Tactical Heng.
Proofreading: Peng Qihua.
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