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the first trial of the corruption and bribery case of tang shuangning, former chairman of everbright group, opens

2024-09-25

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according to the supreme people's court on the 25th, the tangshan intermediate people's court of hebei province held a public trial of the case of embezzlement and bribery by tang shuangning, former party secretary and chairman of china everbright group co., ltd.

▲source: official wechat account of the supreme people's court (the same below)

the people's procuratorate of tangshan city filed an indictment alleging that in april 2003, the defendant tang shuangning took advantage of his position as the director of the first department of banking supervision of the people's bank of china to take public property worth rmb 3.015 million in his custody and use. from 2000 to 2017, the defendant tang shuangning took advantage of his positions as the director of the first department of banking supervision of the people's bank of china, member of the party committee and vice chairman of the china banking regulatory commission, secretary of the party committee and chairman of china everbright group co., ltd., and secretary of the party committee and chairman of china everbright bank co., ltd. to provide assistance to relevant units and individuals in matters such as job adjustments and loan acquisition., directly or through others, illegally accepted property totaling more than 11.02 million yuan. the procuratorate proposed to investigate tang shuangning for criminal responsibility for the crimes of embezzlement and bribery.

during the trial, the procuratorate presented relevant evidence, the defendant tang shuangning and his defense counsel conducted cross-examination, and the prosecution and defense fully expressed their opinions under the auspices of the court. tang shuangning made a final statement and expressed his guilt and remorse in court.

at the end of the trial, the court announced a recess and the verdict will be announced at a later date.

more than 30 people, including relatives of the defendant, npc deputies, cppcc members, journalists and people from all walks of life, attended the trial.

on april 12, according to the official website of the supreme people's procuratorate, the case of tang shuangning, former party secretary and chairman of china everbright group co., ltd., suspected of embezzlement and bribery, was concluded by the national supervisory commission and was designated by the supreme people's procuratorate in accordance with the law to be examined and prosecuted by the people's procuratorate of tangshan city, hebei province. after that, the people's procuratorate of tangshan city has filed a public prosecution with the tangshan intermediate people's court.

public information shows that tang shuangning was born in october 1954 and has worked in the financial system for a long time. he has served as director of the credit management department of the people's bank of china, director of the currency, gold and silver bureau, and director of the first banking supervision department. in 2003, he served as vice chairman of the china banking regulatory commission. in 2007, he served as secretary of the party committee and chairman of everbright group. he resigned in december 2017. after tang shuangning retired, his position was taken over by li xiaopeng. in early april 2023, li xiaopeng, who had retired for 13 months, was investigated.