After more than half a year, the sentence is over!
Recently, the Intermediate People's Court of Binzhou City, Shandong Province publicly announced the first-instance verdict on the case of Hou Shaoze, the former president of China Development Bank, and sentenced Hou Shaoze to 13 years in prison and a fine of 3 million yuan for the crime. It is reported that Hou Shaoze accepted property from others equivalent to more than 30.78 million yuan.
In view of the fact that Hou Shaoze has confessed and pleaded guilty and repented, he may be given a lighter punishment in accordance with law.
Sentenced to 13 years.
According to the Shandong High Law WeChat***On February 2, 2024, the Binzhou Intermediate People's Court publicly pronounced the first-instance verdict in the case of Hou Shaoze**, the former president of China Development Bank**, and sentenced the defendant Hou Shaoze to 13 years in prison and a fine of RMB 3 million for the crime of **; In accordance with the law, the criminal proceeds and fruits of Hou Shaoze** were recovered and handed over to the state treasury.
Shandong High Law***
After trial, it was ascertained that from August 2000 to January 2016, the defendant Hou Shaoze took advantage of his position as assistant to the mayor and deputy mayor of Weihai City, secretary of the Party Working Committee and director of the Management Committee of Weihai Torch High-tech Industrial Development Zone, deputy director of the International Finance Bureau of the China Development Bank, and deputy secretary of the Party Committee, vice president, and president of the China Development Bank, to seek benefits for relevant units and individuals in applying for support funds and coordinating the issuance of loans, and accepted property from others equivalent to more than 30.78 million yuan.
The Binzhou Intermediate People's Court held that the defendant Hou Shaoze, as a state functionary, took advantage of his position to seek benefits for others and illegally accepted property from others, and his conduct constituted a crime of **, and the amount was particularly huge. In view of the fact that Hou Shaoze has confessed to the circumstances, pleaded guilty and repented, and most of the income and fruits were recovered after the incident, there are statutory and discretionary mitigating circumstances, and he may be given a lighter punishment in accordance with the law. The Court accordingly rendered the judgment.
He was put on trial in June last year.
On June 16, 2023, the Binzhou Intermediate People's Court publicly tried the case of Hou Shaoze, the former president of CDB, in the first instance. The Binzhou Municipal People's Procuratorate sent personnel to appear in court to support the prosecution, and the defendant Hou Shaoze and his defender appeared in court to participate in the proceedings.
The Binzhou Municipal People's Procuratorate alleges: From August 2000 to January 2016, defendant Hou Shaoze took advantage of his position as assistant to the mayor and deputy mayor of Weihai City, secretary of the Working Committee and director of the Management Committee of Weihai Torch High-tech Industrial Development Zone, deputy director of the International Finance Bureau of the China Development Bank, deputy secretary of the Party Committee, vice president, and president of China Development Bank ** Co., Ltd., to seek benefits for others in applying for support funds and coordinating the issuance of loans, and accepted property from others totaling more than 30.78 million yuan. Criminal responsibility shall be pursued for the crime of ** in accordance with law.
During the trial, the public prosecution presented relevant evidence, the defendant Hou Shaoze and his defender conducted cross-examination, the prosecution and defense fully expressed their opinions under the auspices of the court, and Hou Shaoze made a final statement and pleaded guilty and repented in court. More than 10 people from all walks of life attended the trial.
At the end of the trial, the court announced an adjournment and announced the verdict at a later date.
He has been resigned for many years and is still under investigation.
According to public information, Hou Shaoze was born in November 1969, a native of Wendeng, Shandong, and has a doctoral degree. He joined the Communist Party of China in November 1990 and began working in August 1997.
After receiving his Ph.D. in Economics from the Department of World Economy at Fudan University in 1997, Hou Shaoze started his career in the International Department of the People's Bank of China. In August 2000, Hou Shaoze embarked on a political career and served as the assistant to the mayor of Weihai City, Shandong Province, and later served as the deputy mayor of Weihai City.
In November 2006, Hou Shaoze returned to CDB as Deputy Director General of the International Finance Bureau and Director of the Office of International Cooperation. Later, Hou Shaoze went to China Development Bank ** as vice president and president, and resigned in January 2016.
In September 2022, the **Commission for Discipline Inspection and the State Supervision Commission** showed that Hou Shaoze, the former president of CDB**, was suspected of serious violations of discipline and law, and was subject to the disciplinary review of the Discipline Inspection and Supervision Group of the **Commission for Discipline Inspection and the State Supervision Commission in China Development Bank and the supervision and investigation of the Binzhou Municipal Supervision Commission of Shandong Province.
It is reported that CDB is a company directly controlled by China Development Bank, which is held by China Development Bank, China General Nuclear Power Capital Holding and Hubei Provincial Transportation Investment Group, of which China Development Bank holds 80% of the shares.
In February 2022, the 8th Inspection Team gave feedback on the inspection to the Party Committee of China Development Bank.
Editor-in-charge: Tactical Heng.
Proofreading: Zhao Yan.
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