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« Great guidance from the bench: 'The FCPA casts a wide net' | Main | Internship at Transparency International »
Thursday
Dec132012

China Corruption Blotter (December 13, 2012)

Wu Xiaoli, 74-year-old female general manager and legal representative of Shanghai’s Gongxin Engineering Construction Supervision Centre Co Ltd, was given a life sentence for corruption involving more than $7.4 million. Prosecutors said Wu stole the company’s accounts receivables, altering official records to cover her tracks. She was also charged with illegally paying herself and two other managers bonuses two years in advance. http://news.sohu.com

Taiwan Nantou county mayor Lee Chao-ching was recently summoned for questioning regarding local road repairs near Renai Township and Sinyi Township. In total, seven people, most of them county officials, were questioned in the case. Investigators said they found a tea leaf can in a magistrate's office containing $10,306. Nantou District Prosecutors Office said the alleged kickbacks in the case amount to approximately $343,540. http://www.chinapost.com.tw and http://www.bbc.co.uk

He Liqiong, former manager of Foshan City (Guangdong Province) Chancheng District Postal Bank Major Accounts Department, was recently sentenced to death for illegally collecting deposits from 198 clients amounting to $212 million. She was said to have collaborated with staff of other branches to solicit the money, which the schemers promised to deposit with Lanshi Postal Bank and Longjiao Postal Bank. She allegedly used the money to pay off gambling debts and for investments. http://bo.nfdaily.cn

Shenzhen Shajing Street Party Working Committee secretary Liu Shaoxiong was recently charged for taking bribes totaling $3.2 million. From 2003 until recently, Liu reportedly accepted payments from various individuals and companies -- including triad chief Chen Yaodong and water-treatment company Shenzhen Wanfeng Group -- to agree not to acquire certain pieces of land, and to allow the swapping of land from suburbs to centralized areas. http://politics.people.com.cn

A Shenzhen policeman identified only as Wang has been sentenced to 14 years in prison for embezzling $452,800 during the 2011 Shenzhen Universiade (World University Games). Wang allegedly inflated the number of security guards needed in a contract between his security firm and one of the games’ energy suppliers. He then appropriated the wages and fees meant for the non-existent security guards. http://www.oeeee.com

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Chua Guan Cheong is a senior journalist with the FCPA Blog membership area and the China Compliance Digest.

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