Lei Zhiqiang, former head of the rural Credit Cooperatives Union in Gansu Province and former vice mayor of Tianshui, was sentenced to death with a two-year reprieve on December 31 for taking bribes and embezzling huge amounts of money from unknown sources.
Zhi-qiang lei was accused in 2000 to 2017, using as a vice mayor of tianshui, gansu province, gansu province rural credit cooperatives, chairman of the association, such as position, in the loan approval, acceptance and credit business, the cadre selection process, and close relatives benefit for others, alone or together with its accepting others’ property, a total of more than 241 million yuan, and 8200 ten thousand yuan property can not explain the sources.
The 63-year-old former vice mayor of Tianshui, Gansu Province, and head of the Rural Credit Cooperatives Association, party secretary and discipline inspection secretary. Since October 2014, he has been the chairman and deputy Secretary of the Party Committee of Gansu Rural Credit Cooperatives Union. He fell in April 2017; He was charged on February 25, 2018.
As early as May 14, 2017, caixin Weekly, a mainland magazine, quoted an insider as saying that Lei had confessed that he had received more than 200 million yuan and 9 billion yuan in unaccounted funds. In addition, ray was copied home when a variety of literary play pulled two trucks.
After the revelation that Lei Zhiqiang had embezzled more than 9.2 billion yuan in 2017, mainland Netizens said, “It wasn’t 800 million, it was eight billion.”
The land media report also said that several sources have disclosed that Mr. Lei’s son had business dealings with Wang Chang, the son of Wang Sanyun, the former party secretary of Gansu province, and that his son was also arrested after Mr. Lei’s case.
China Economic Weekly, a local newspaper, reported that after his downfall, Mr Lei gave a series of statements to dozens of people, possibly including Mr Wang.
Wang Sanyun, a native of Shan County, Shandong Province, served as deputy Party Secretary of Guizhou, Sichuan, Anhui and Fujian provinces, and has been party Secretary of Gansu province since December 2011. Wang Sanyun fell on July 11, 2017.
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