Zhao Leji female moneybags Wang Li fell. (Photo source: network)
The website of the Central Commission for Discipline Inspection disclosed the former president of Qinghai Bank, a department-level female corrupt official Wang Li’s corruption-related details, said she recklessly access to bank funds, specifically bought a set of property to place stolen money stolen goods, including a cabinet of Hermes scarves, more than 40 brand-name bags, etc., and her husband did not know the specific door number. Wang Li double-opening notice is said to be “indulgent Life“. The analysis that Wang Li is the Secretary of the Central Commission for Discipline Inspection Zhao Leji when the main Qinghai Province money bag, or involved in Zhao Leji Family corruption and Zhao Leji official economic interests in the dark.
In January this year, the Central Commission for Discipline Inspection and State Supervision website “in-depth investigation” section released a special report. In the report, entitled “The Luxury Life of Wang Li, Former Chairman of Qinghai Bank,” details of the corruption of Wang Li, former chairman and president of Qinghai Bank, were disclosed.
Wang Li’s private residence of luxurious decorations, many Luxury goods, etc., so that the discipline inspection staff handling the case for more than 20 years shocked, “all the decoration is the pursuit of the most high-end”. The walls of Wang Li’s private residence are painted by a painter, so as to match the overall layout of her house. The room has a whole cabinet of Hermes silk scarves, in addition to hiding more than 400,000 yuan worth of Hermes designer handbags customized from Hong Kong, more than 500,000 yuan worth of commemorative banknotes, a large number of 1 kilogram Gold bars, Qinghai precious specialty musk, etc.
However, Wang Li was afraid of being exposed and only dared to appreciate herself in the house. According to Wang Li’s confession, her greatest joy was to wear extravagant clothes and gemstone necklaces in the house and then admire herself in the mirror, but never dared to wear and leave that room. In front of others, Wang Li appeared thrifty, and even let her assistant help to modify the length of the pants. She confessed that greed is her greatest sorrow and despair.
The report said Wang Li was the president of Xining City Commercial Bank (later renamed Qinghai Bank), in a high position for 12 years. During this period, she took bribes many times, in terms of the amount of bribes, more than two or three million single bribes, but less than one hundred thousand dollars. Investigators commented that “as long as someone gave her money she would accept it.” The report did not mention the amount involved, only that the amount ranked among the top corruption cases in the country.
On September 4, 2019, the Qinghai Provincial Commission for Discipline Inspection and Supervision informed that Wang Li was investigated.
On February 21, 2020, the Qinghai Provincial Commission for Discipline Inspection and Supervision again reported that Wang Li “serious violations of discipline and illegal” issues were investigated.
The report said, Wang Li in the former Xining City Commercial Bank President, Qinghai Bank Chairman, President during the period, not to take responsibility, confront the review, do not report personal matters as required, on their own, abuse of power, causing huge losses to state-owned assets; self-indulgent life, the pursuit of personal fame and material enjoyment, willing to be “hunted”. Economic greed expansion, illegal diversion of state-owned funds for other uses, for the benefit of others; abuse of power, using the convenience of his position to engage in power and money transactions, power for personal gain, illegally accepting large amounts of money and property, and so on.
The company’s first job was as a cadre in the Xining branch of the People’s Bank of China in October 1979, when she was not yet 17 years old. Wang Li was transferred to the bank as vice president, and later as executive vice president; in September 2005, she was promoted to deputy secretary of the party committee and president of Xining Commercial Bank, and two years later served as chairman of the bank.
In November 2008, the former Banking Regulatory Commission approved the renaming of Xining Commercial Bank to Qinghai Bank, and Wang Li became the Secretary of the Party Committee, Chairman of the Board and President of Qinghai Bank Co. Member of the party group, inspector and deputy director of the Financial Supervision Administration (at the level of department) until her fall.
Current affairs commentator Li Yanming wrote on February 12 that Zhao Leji, a member of the Standing Committee of the CPC Political Bureau and Secretary of the Commission for Discipline Inspection, started his career in Qinghai and was promoted by Zeng Qinghong and others during Jiang Zemin’s administration.
He was the deputy director and director of the Qinghai Provincial Department of Commerce, assistant to the provincial governor, director of the provincial finance department and deputy governor from 1986 to 1997, and secretary of the Xining Municipal Party Committee from March 1997 to 1999. From 1999 to 2003, he was the deputy secretary, acting governor and governor of Qinghai Province; from 2003 to 2007, he was the secretary of Qinghai Provincial Party Committee.
On December 30, 1997, Xining Commercial Bank was established, when Zhao Leji was also the secretary of Xining Municipal Party Committee as the deputy secretary of Qinghai Provincial Party Committee, which was the key performance project of Zhao Leji, who was in charge of finance and financial work. In September 2005, when Zhao Leji was secretary of the Qinghai Provincial Party Committee, Wang Li was promoted to deputy secretary of the party committee and president of Xining Commercial Bank, and two years later served as chairman of the bank at the same Time.
Li Yanming analyzed that the publication of an in-depth investigation on the official website of the Central Commission for Discipline Inspection at the beginning of the New Year in 2021, revealing the “luxury” life of Wang Li, the former chairman of Qinghai Bank, is not only a public opinion building for a new round of financial anti-corruption, but also a sign that Zhao Leji, a member of the Standing Committee of the Political Bureau and secretary of the Central Commission for Discipline Inspection, has been deprived of his power to fight corruption and is in a high risk situation.
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