Big TigerHe has accumulated countless fortunes over the years, and has promoted the rapid expansion of the trust industry during his tenure. After retirement, he still committed crimes against the wind.
Cai Esheng once made it clear: "For the problem of chaos, we must maintain an iron-fisted posture and strengthen punishment." "This is a very challenging task for regulators.
Cai Esheng, born in Hubei in 1951, is now 71 years old. He was born during the turbulent period of the country's War to Resist US Aggression and Aid Korea, when not only foreign wars were frequent, but also domestic wars were not uncommon, especially in his hometown.
As a result, his childhood life was poor.
As he grew up, the war within the country gradually subsided, and the country began to carry out the movement of "fighting landlords", which he also experienced first-hand during this period. Although he did not personally experience that painful time, his parents felt it.
Therefore, under the education of his family, he was full of anger and hatred for the landlords.
In the course of several years of struggle against landlords, the lives of the people of the whole country gradually improved, and Cai Esheng's family was no exception. The improvement of life gave them the idea of allowing Cai Esheng to receive an education, and by this period, many schools had been established, but his parents decided to send him to a private school due to family considerations.
Luckily, he has always excelled in school and has been liked by his teachers and classmates, and his good grades have also made him stand out in school and become a great talent.
After graduating, Cai Esheng saw the recruitment notice of our army, and he wanted to discuss with his parents about joining the army. However, his parents were adamantly opposed. They only want him to be an ordinary person in peace, and they don't want him to go to war.
However, Cai Esheng has his own ideas. As a child, he developed a deep affection for the army, and when he was in school, he heard that the army would come to the school to recruit new recruits.
During his time at school, he was not discovered and contacted by the troops, so he didn't think he had that kind of strength. After graduating, he had a strong desire to join the army, but he could only achieve this by looking up recruitment announcements in our army.
However, when he told his parents about his decision, they were adamantly opposed and he could only try to convince them.
After much persuasion, he finally got the support of his parents and agreed to join the army. With the consent of his parents, his heart was full of excitement and anticipation. He immediately began to pack his bags and prepare for the next day's departure.
The next day, he packed his bags and his parents said goodbye to him at the door of his house. Looking at the child's back, the mother couldn't help but shed tears. After all, his son has lived by his side for decades, and he is suddenly leaving, so he naturally feels a little uneasy.
What's more, parents don't know anything about their children's future life path, which makes them even more worried.
Although he has lived in his hometown for more than ten years, he has not been able to join the army because he has not completed his studies at a young age. Now that he was on the road alone, he had a lot of thoughts, and he suddenly remembered that the army notice he had seen was issued at the school, and perhaps it would be a good choice to go to the place where the school was located to find opportunities.
He immediately set off and embarked on a journey to find the troops. After several days of hard searching, he finally found a notice that led him to the recruitment point of our army.
However, the personnel at the recruiting point were packing up and seemed ready to leave. Cai Esheng hurriedly ran over, stood in front of a soldier, and said firmly: "Comrade, I want to join the army. ”
When he appeared in front of the recruiting captain out of breath, the captain could already see that he usually lacked exercise. Although the requirements for recruitment are now stricter and require a multifaceted assessment, the captain originally planned to reject him.
But after learning about Cai Esheng's determination, the captain deeply felt his perseverance and decided to agree to him joining the army. Despite his repeated rejections, he persevered, which made the captain appreciate his courage and perseverance even more.
Cai Esheng cherished the dream of joining the army and became a soldier of the 631st Regiment of the 71st Antiaircraft Artillery Division of our army. Life in the army was monotonous and boring, and the day-to-day training seemed boring, but he did not back down because he firmly believed that this was the life of a soldier.
As the saying goes, "raise a soldier for a thousand days, use it for a while". Here, he deeply felt the true meaning of this sentence.
Although he had served in the army for many years, he had not personally been on the battlefield, but he had made great contributions to the country, and the state commended him, so he was specially arranged to enter the banking system and become a cadre of the People's Bank of China.
This position is quite high, one is because of the perseverance he has honed in the army and his outstanding performance in his work. Second, because he is well aware that this is a state duty, he should put the welfare of the people first, and will never allow anything that damages the honor of the country.
After working in the bank for three years, he chose to study at the School of Finance and Economics, which is his second time returning to school after graduation. When he came to the school of finance and economics, he found that what he had learned was very different from what he had learned before, and it was a completely new concept.
This novel experience sparked his desire to re-learn, and as a result, in school, he was once again one of the best students in the school.
After graduating, he successfully joined the People's Bank of China as a cadre in the Personnel Department. With his outstanding ability, he worked his way up the bank, quickly rising to key positions such as Deputy Director of Financial Management and Director of the Third Division.
The jump in position not only changed the trajectory of his life, but also triggered new thoughts in his heart. But he always stayed true to his original intention and unswervingly served the people.
Despite his promotions, he remained vigilant. Because he knows that the higher the position, the more "industry rules" he knows, and the easier it is to break the law. Therefore, he admonishes himself every day to always stay sober, adhere to the party's ideology, and not to live up to the cultivation of the party and the people.
After several years of unremitting efforts, he was transferred back to the Department of Management as the Director, and because of his outstanding ability, he became the Director of the Banking Department in just four months. From then on, he really began his career as a financial regulator.
His career has been smooth sailing, and it took less than two years to rise from assistant to the governor of the People's Bank of China to president and party secretary. However, his heart began to waver, as he realized that although he was very capable, he could not bring enough financial support to his family.
This led him to think about some improper avenues.
From the very beginning of his banking career, he has been actively involved in a number of key tasks, including the planning of financial reform programs and the development of banking regulations. For his outstanding performance in these tasks, the leadership reaffirmed his competence and promoted him to the position of Vice Chairman of the Banking Commission and a member of the Party Committee.
He held this position for six years, during which time he was deeply rooted and influential in banking and financial institutions, and he led many things.
Under my investigation, it was found that during his tenure as vice chairman, the trust institution developed rapidly, triggering a large number of "shadow banking" phenomena. After an in-depth investigation, we found that this phenomenon developed extremely quickly during his tenure.
In 2012, the trust industry has surpassed the insurance industry to become the second financial industry. By the end of the second year, the assets of the trust industry had reached 873 trillion, which means that the assets of the trust industry increased by more than 43 times compared with 2005 this year.
After his retirement, he still actively gave many interviews on the necessity of financial regulation and the importance of legal management. Ironically, however, he was exposed to abuse his financial regulatory powers during his tenure.
The results of the investigation show that during his six-year tenure, he gradually deviated from his original intention, his political stance has changed completely, and there have even been signs of disloyalty and dishonesty to the party.
He presented to the public an image of being fair and honest and serving the people wholeheartedly, but he had all kinds of problems in private. He has accepted gifts from others, used the power of his position for the benefit of others, attended banquets that may affect the impartial performance of official duties, and frequented private places and golf.
After his retirement, he shared his personal views in public, but these views are only his personal position and do not represent the views of everyone. Because of his former position, many people were convinced of his views, which influenced many people and even the country.
Before he was investigated, he also planned to attend a press conference.
Cai Esheng's behavior has seriously violated our party's political and organizational discipline and has had a negative impact on the party's image. Even after his retirement, he did not restrain himself, and his behavior was very bad in nature.
Therefore, we finally decided to expel him from the party.