男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Officials jailed for insider trading

Updated: 2011-12-28 08:11

By An Baijie (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

BEIJING - The country's graft-busting authorities have vowed to keep a close eye on officials to punish insider trading, a news conference heard on Tuesday.

"The Ministry of Supervision is closely watching the new trend that some Party officials have been involved in insider trading," Yao Zengke, vice-minister of supervision, told China Daily.

Officials jailed for insider trading 

High-profile cases mentioned by Yao include that of Xiao Shiqing, former Party secretary and president of China Galaxy Securities, who was sentenced to death with two years' reprieve in March for insider trading as well as taking bribes.

Xiao was found to have made a profit of 104 million yuan ($16.4 million) in 2006 by tipping his relatives to purchase the stocks of a company that was going through a reconstruction and merger process, according to Yao.

In another case, Li Qihong, former mayor of Zhongshan in Guangdong province, pocketed 198 million yuan by purchasing stocks through his relatives in June 2007 when he was in charge of reconstruction work of a local State-owned enterprise.

Li was sentenced to 11 years in jail in October for insider trading and bribe taking, fined 20 million yuan and had 100,000 yuan confiscated.

These Party officials usually took part in insider trading through such means as opening accounts in the names of their relatives, colleagues, friends and even their babysitters. Some even bought ID information from strangers to open accounts, Yao said.

Liu Jinguo, vice-minister of public security, said at the news conference that the ministry has seized more than 2.2 billion yuan in illegal profits in 50 serious insider trading cases since 2004, catching more than 90 suspects.

Apart from company managers, more government officials have been found to be the culprits.

And it is usually more difficult for investigators to find evidence of the hidden measures, Liu said.

The China Securities Regulatory Commission will continue to monitor abnormal exchanges in the securities market to prevent insider trading, Gui Minjie, vice-chairman of the commission, said at the news conference.

The State Council issued a notice to require the relevant government agencies to crack down on insider trading in the securities market in November last year.

Dong Dengxin, director of the Finance and Securities Institute at Wuhan University of Science and Technology, said that the authorities' determination to fight insider trading is expected to "bring moderate confidence to the depressed stock market".

"Government officials must receive harsh punishment for insider trading, and only by doing this will the stock market be regulated in an orderly fashion," Dong said.

主站蜘蛛池模板: 花莲县| 瓦房店市| 屏东县| 永安市| 敦煌市| 高陵县| 普兰店市| 新巴尔虎左旗| 页游| 崇礼县| 前郭尔| 莱芜市| 邓州市| 林西县| 望谟县| 苏尼特右旗| 东辽县| 正阳县| 富源县| 房产| 南城县| 洪雅县| 鹤峰县| 许昌市| 东山县| 河西区| 社会| 鄄城县| 苏尼特右旗| 志丹县| 临泉县| 马关县| 大同市| 桦南县| 铜鼓县| 鱼台县| 蒙阴县| 海淀区| 山阴县| 石门县| 福贡县| 河源市| 夏邑县| 泊头市| 江津市| 宜良县| 佛教| 株洲市| 张家川| 屏边| 轮台县| 朝阳县| 新昌县| 阿城市| 宁蒗| 西乌珠穆沁旗| 大足县| 泗洪县| 剑川县| 云浮市| 张家港市| 宕昌县| 定南县| 裕民县| 西丰县| 榆中县| 徐汇区| 盘山县| 简阳市| 公主岭市| 澳门| 江永县| 筠连县| 昌乐县| 龙海市| 仁布县| 涿州市| 娄底市| 萨迦县| 鄯善县| 应城市| 阳谷县|