gamblingcardgames| Cao Guangjing, former vice governor of Hubei Province, was sentenced in the first instance in the case of accepting bribes and leaking inside information

May 24, 2024gamblingcardgamesThe Intermediate People's Court of Xuzhou City, Jiangsu Province, publicly sentenced Cao Guangjing, former member of the Party Leadership Group of the People's Government of Hubei Province and Vice Governor, in the first instance of accepting bribes and leaking inside information. The defendant Cao Guangjing was sentenced to life imprisonment for accepting bribes, deprivation of political rights for life, and confiscation of all personal property. He was sentenced to six years in prison for leaking inside information and fined RMB 12 million yuan. He decided to execute life imprisonment, deprivation of political rights for life, and confiscation of all personal property; The stolen money, stolen goods and fruits seized on the record will be recovered in accordance with the law and turned over to the state treasury.

After trial, it was found that: From 2004 to 2022, the defendant Cao Guangjing took advantage of his position as deputy general manager of China Yangtze Three Gorges Project Development Corporation, deputy general manager and chairman of China Yangtze Three Gorges Corporation, deputy governor of Hubei Province, as well as the convenience conditions formed by his authority or status to provide assistance to relevant units and individuals in matters such as business operations, project contracting, and project development, and illegally accepted property from the above-mentioned units and individuals, totaling RMB 2gamblingcardgames.16 billion yuan. While serving as deputy governor of Hubei Province, Cao Guangjing led the rescue and reorganization of the holding company of a listed company in Hubei Province. In January 2021, Cao Guangjing disclosed inside information about the bailout and reorganization to others, causing others to buy shares of the listed company before the inside information was disclosed, and then sold the shares for a profit of more than 10.42 million yuan.

The Intermediate People's Court of Xuzhou City held that the defendant Cao Guangjing's behavior constituted the crime of accepting bribes and leaking inside information. The amount of bribes was extremely huge and the circumstances of leaking inside information were particularly serious, so they should be punished in accordance with the law. In view of the circumstances of Cao Guangjing's surrender, some of the bribery crimes were attempted. She pleaded guilty and repented, and actively returned the stolen goods. All the stolen money, stolen goods, and fruits have been recovered, and a lighter punishment can be given in accordance with the law. The court made the above judgment.