The secretary of the China Development Bank, the official protects each other and lends 4.8 billion

Mondo Finance Updated on 2024-01-19

Despite being in a high position and easily mobilizing billions of funds, he made serious mistakes in officialdom, not only taking his relatives to the top of his life, but also protecting the provincial party secretary and officials, and committing many crimes that made people angry and dissatisfied. At this time, he was able to use "glorious achievements" as capital and pocket his power and money. Hu Huaibang, as the secretary of the Party Committee of the China Development Bank, shocked the whole country with his outstanding performance and became a high-profile leader.

What Hu Huaibang did, and the reasons why he fell into this situation, are worthy of our in-depth understandingWhat kind of secret is hidden in this?Today, Brother Xin will reveal the mysterious veil on Hu Huaibang's body with you, let us unveil it together." The historical origin of the character was born in 1955, Hu Huaibang, a pure Henan native, who grew up in a poor family, and because his parents were pragmatic farmers, he has been constantly cultivating his land to obtain a meager income. For Hu Huaibang, the harsh environment of his family tempered his indomitable will. With the passage of time, Hu Huaibang gradually entered the stage where he should be educated, and he was determined to change the status quo through his unremitting efforts since he was a child. In school, he excelled, came out on top in every exam and actively participated in various activities. Hu Huaibang was seen by his teachers as a hard-working and eager activist, and this image not only gave his parents hope, but also gave them confidence in his future achievements.

Hu Huaibang was admitted to his dream university with excellent results, and in the face of increasing academic pressure, he showed amazing potential, and he was able to cope with any challenges with ease, and this unique quality has had a profound impact on his future career. Hu Huaibang studied at the Department of Economics of Jilin University, majoring in political economy, and after graduation, he successfully entered a school as a teacher with his outstanding performance and became a highly respected people's teacher. For Hu Huaibang at that time, this job was undoubtedly a rare and precious asset, and for many people at that time, it was tantamount to an iron rice bowl."

In order to show his brilliance and enthusiasm in the field of teaching, Hu Huaibang spared no effort to explore various methods to improve teaching efficiency and pay attention to the situation of each student. Eventually, Hu Huaibang was promoted to the positions of Director of Academic Affairs and Vice Dean, which gradually developed from an ordinary school teacher. In such a position, he can be regarded as a "mixed" reputation, not only has his own professional and technical positions, but also was promoted to vice president and principal, becoming the youngest vice principal of a prestigious school. Throughout his career, Hu Huaibang has always adhered to the spirit of hard work, Xi and hard work, which has brought countless benefits to the school and won wide praise from the society.

Hu Huaibang's career underwent a rapid adjustment, and he successfully entered the China Academy of Finance and was once again promoted from vice president to dean. However, this time the change of position is up to him. Since then, Hu's career has been the subject of external disruptions, and over the next few years, he has held crucial positions in various banks. In the final moments of 2013, he successfully secured the position of Party Secretary and Chairman of the Board of Directors of the China Development Bank, which was an important milestone in his career. In this position, his life story is legendary. During his tenure in a high position, Hu Huaibang always adhered to his principles and worked with a down-to-earth attitude, making many outstanding contributions to the bank, and also playing a vital role in leadership.

The way of corruptionHu Huaibang's talent is highly regarded, his deeds are widely praised, and people have a very high opinion of him. In fact, people are not unfamiliar with this name. However, from the time Hu Huaibang became chairman of the Bank of Communications, he embarked on a road of no return, and this behavior continued until he was exposed, and the entire process of corruption was revealed. It is hard for many to imagine that such a leader, who is favored and trusted by his superiors, could engage in so many illegal acts in private.

Hu's path to corruption is closely related to his profession, and as a key figure in the banking industry, he often comes into contact with some wealthy businessmen. These people work very hard, and they also enjoy socializing with others. Whenever they get together, the other party always treats them with luxury cars, and the feast held is also extremely luxurious, which makes Hu Huaibang, who was born in poverty, fascinated.

However, he was well aware of the position he was in and would not allow him to engage in acts contrary to his original intentions. What he wants to do is let "Benefit fee, I'll give it to you!".Although there were also unscrupulous businessmen who coveted Hu Huaibang's power at the beginning and tried to make huge profits through it, Hu Huaibang resolutely rejected these "favor fees." It was thought that this would enable these merchants to recognize their true nature and eliminate such immoral thoughts once and for all. However, the merchants believed that Hu Huaibang was dissatisfied with the lack of "favor fees", so they began to resort to more cruel methods to lure him. After careful consideration, Hu Huaibang finally accepted bribes from the merchants and used his position to facilitate them.

As time passed, Hu Huaibang's reputation for collecting money became more prominent in business circles, so more and more people began to seek Hu Huaibang's help in obtaining unfair competition and amazing benefits. With the passage of time, a large number of people have emerged around Hu Huaibang, no matter where they are, they are all in front of the back, which also makes Hu Huaibang's vanity greatly satisfied, he sees himself as a real giant, even if these businessmen are rich, they will ask him for help.

Collusion with the governor

Around Hu Huaibang, there is a secretary named Wang Chang, who knows what Hu Huaibang has done. Wang Chang is not an ordinary person, his father is Wang Sanyun, secretary of the Anhui Provincial Party Committee, who is also a corrupt person. In order to let Hu Huaibang get better care, Wang Chang showed his skilled equestrian skills day after day, which benefited Hu Huaibang a lot. In fact, there is also a relationship of mutual understanding between Hu Huaibang and Wang Sanyun. During Wang Sanyun's tenure as governor of Anhui Province, the two men united. With Wang Chang's involvement, the relationship between Hu Huaibang and Wang Sanyun became closer, and the bond between them became stronger.

Because of the close relationship between Hu Huaibang and Wang Sanyun, he showed a high degree of tolerance and generosity in response to Wang Sanyun's request, and did not hesitate to provide help and solve problems. That didn't stop him from doing something, though. Wang Sanyun has revealed that he hopes Hu Huaibang will be able to provide loans to a company called CEFC, and this plan has received a positive response from Ye Jianming, the head of CEFC. Despite the pressure, Hu did not hesitate to approve billions of dollars in loans in response to Wang's request. In his view, this not only means that the state supports the bank, but more importantly, it can bring him considerable economic benefits, which in turn will become a source of motivation for him to continue to struggle. Of course, he also received a considerable "generous remuneration" for this.

Soon after, Mr. Hu illegally transferred a $4.8 billion loan to a subsidiary of CEFC. Ye Jianming suddenly realized that the power held by Hu Huaibang may have exceeded his own imagination. In order to ensure that Hu Huaibang and Wang Sanyun's company was always protected, Ye Jianming often presented them with precious "special products". intensified the attack and spared no effort Hu Huaibang's violations occurred repeatedly, but nothing happened, which made Hu Huaibang's heart begin to breed a more fluke emotion. He considers himself a very clean person. Like other corrupt **, Hu Huaibang thrust his spouse into the public eye. He believes that if his wife does not agree, then he can achieve his goal by sending him money through his son, which is also a capital for himself in officialdom. Due to the involvement of ** behavior, Hu Huaibang's personal appearance may leave some loopholes that can be exploited.

However, with the help of your partner, you can avoid being noticed by others. Because he knows he has a future in this industry, he will work hard. Hu Huaibang was triumphant, and her partner did not hesitate to play the role of spokesperson, a thought that made him proud. However, Hu Huaibang's partner did not show much of the city, and once he had wealth, it was inevitable that he would start to show signs of expansion. In many small talks with people, she revealed that her family's wealth is endless, which shows that Hu Huaibang has obtained rich wealth through ** and other means over the years. In his opinion, although he is an ordinary farmer, he has a huge asset. In addition, Hu Huaibang's spouse also has a good expectation, hoping to provide a high-quality career opportunity for his son through Wang Sanyun's connections.

Unexpectedly, it was Wang Sanyun's fall that made their family's "glorious performance" completely **. His wife and her subordinates committed suicide in 2019, and Hu Huaibang became the subject of an investigation, which happened after Wang Sanyun was dismissed. After realizing the incident in the East Window, Hu Huaibang was deeply aware of the seriousness of the crime he had committed, so much so that he could not reverse the situation. When Hu Huaibang was taken away, his spouse and heirs were also investigated. Knowing that he was closely linked to Hu Huaibang's fate, Hu Huaibang's wife did not dare to face the scrutiny, and finally chose to fall from a tall building and end her life. Recently, some netizens broke the news that a man dragged his wife into prison and cut off all her hair because he saw his wife's ** on the Internet. In addition, Zhong Xiaolong, when he was the president of the Shandong branch of the National Open Bank, also committed suicide by cutting his wrists in his residence.

Zhong Xiaolong, as Hu Huaibang's subordinate, obviously in the past few years, he has also adhered to Hu Huaibang's principles and strictly abided by the violations. At this time, Hu Huaibang has been completely reduced to a lonely family, except for his son, what he has done has paid a heavy price. Hu Huaibang was eventually sentenced to indefinite prison for several crimes, and what awaits him will be a cold fence in prison. This is undoubtedly a blow to a former elite athlete. Although Hu Huaibang felt deeply guilty, his efforts were to no avail. The final statement of Hu Huaibang, the fall of this "financial giant", makes us deeply aware that once this kind of corruption occurs, it will cause irreparable long-term losses to the country and society. They don't have any moral bottom line to speak of. They are indifferent to the affairs of the masses, only concerned with their own selfish desires, and do not care at all.

With the deepening of the anti-corruption struggle, more and more corrupt elements have been investigated and punished, and this is undoubtedly a powerful wake-up call for us. If Hu Huaibang had not been left to chance, but had always adhered to his principles and become a visionary secretary, then he might not have experienced the pain of being separated from his wife and spending the rest of his life in prison. It is a pity that in this world there is no drug that can be regretted, because if you engage in immoral behavior, then you have to pay for it, and no one can save his fate.

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