Xu Guojun s case of embezzlement of 900 million yuan and misappropriation of 1.4 billion yuan was an

Mondo Social Updated on 2024-01-29

Today, the Intermediate People's Court of Jiangmen City, Guangdong Province, publicly pronounced a verdict on the case of misappropriation and misappropriation by Xu Guojun, former president of the Kaiping Branch of the Bank of China. After the trial, it was ascertained that Xu Guojun took advantage of his position to conspire with others to use false loans and occupy the company's normal loan repayment funds, etc., which amounted to a huge amount, totaling more than 900 million yuanAt the same time, he also embezzled ** RMB 3More than 5.5 billion yuan, 20 million Hong Kong dollars, 1 US dollarmore than 2.6 billion yuan, equivalent to more than 1.4 billion yuan. These acts have caused particularly heavy losses to the interests of the country and the people.

During the trial, Xu Guojun said that he would obey the court's verdict, would not appeal, confessed to his crimes, and had a good attitude in admitting his guilt. The court held that Xu Guojun's conduct constituted the crime of misappropriation, and the amount was particularly huge, and caused the interests of the country and the people to suffer particularly heavy losses, and the amount of misappropriation was huge. In view of the fact that Xu Guojun truthfully confessed his crimes and pleaded guilty and repented after being brought into the case, the court gave him a lighter punishment in accordance with the law.

In the end, the court decided to sentence the defendant Xu Guojun to life imprisonment, deprivation of political rights for life, and confiscation of all personal property for the crime of ** and misappropriationThe proceeds of crime and their fruits are recovered. The public announcement of the verdict in this case attracted more than 20 people from all walks of life, including deputies to the National People's Congress, journalists, and people from all walks of life.

During the trial, the relatives of the defendant Xu Guojun, deputies to the National People's Congress, journalists, and other people from all walks of life expressed concern and support for the court's verdict. They believe that the court's judgment reflects the fairness and authority of the law and also safeguards the interests of the state and the people. The verdict of this case is of great significance for cracking down on corruption crimes. It sends a clear message to the whole society: for the first corruption crime, regardless of the amount involved in the case, the identity of the people involved will be severely punished by the law.

At the same time, this case also reminds the majority of party members and cadres to keep a clear head at all times, strictly abide by party discipline and state law, and earnestly perform official duties and serve the people diligently.

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