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The "financial tigers" and "political and legal tigers" who were expelled from the party on the same day were arrested on the same day

author:Southern Metropolis Daily

On the morning of February 10, the Supreme People's Procuratorate released the news that Cai Esheng and Meng Xiang had been arrested and that the case was being further handled

The case of Cai Esheng, former member of the Party Committee and vice chairman of the China Banking Regulatory Commission, suspected of accepting bribes, using influence to accept bribes, and abusing his power, was investigated by the State Supervision Commission and transferred to the procuratorate for review and prosecution. A few days ago, the Supreme People's Procuratorate made a decision to arrest Cai Esheng on suspicion of accepting bribes, using influence to accept bribes, and abusing his power in accordance with the law.

The case of Meng Xiang, former member of the Adjudication Committee of the Supreme People's Court and former director of the Executive Bureau, suspected of accepting bribes, was investigated by the State Supervision Commission and transferred to the procuratorate for review and prosecution. Upon designation of jurisdiction by the Supreme People's Procuratorate, the Henan procuratorial organs are to review and prosecute. Recently, the Henan Provincial People's Procuratorate made a decision to arrest Meng Xiang on suspicion of accepting bribes in accordance with the law.

Cai Esheng, a 70-year-old financial veteran who has retired for eight years and former vice chairman of the China Banking Regulatory Commission, stepped off his horse on July 30, 2021, while Meng Xiang, then a member of the Adjudication Committee of the Supreme People's Court and director of the Executive Bureau, stepped down on July 16, 2021.

The "two tigers" who fell from power at the same time were informed of the results of party discipline and government affairs sanctions on the same day on January 24 this year. The official website of the Central Commission for Discipline Inspection and the State Supervision Commission announced: Cai Esheng, former member of the party committee and vice chairman of the China Banking Regulatory Commission, was expelled from the party for serious violations of discipline and the law; Meng Xiang, former member of the Adjudication Committee of the Supreme People's Court and former director of the Executive Bureau, was expelled from the party and dismissed from public office for serious violations of discipline and law.

Today, the second "tiger" was arrested on the same day.

The "financial tigers" and "political and legal tigers" who were expelled from the party on the same day were arrested on the same day

Cai Esheng. Infographic

Cai Esheng, a seventy-year-old "financial veteran", abused his financial supervision power

Suspected of accepting bribes, using influence to accept bribes, and abusing power

Born in 1951, Cai Esheng became Vice Chairman of the China Banking Regulatory Commission in December 2005 and retired in June 2013.

In his early years, he joined the army in the rural areas of Shanxi, joined the army, and then entered the Chinese Minmin Bank, serving as the director of the Financial Management Department, the director of the Banking Department, the director of the Second Department of Bank Supervision, and later promoted to the assistant to the president of the Chinese Bank, a member of the Party Committee, the president of the Shanghai branch, the secretary of the party committee, and the chairman of the board of supervisors of the state-owned key financial institutions in May 2001.

In December 2005, Cai Esheng was promoted to Vice Chairman of the China Banking Regulatory Commission until his retirement in June 2013.

Cai Esheng has worked in the field of financial supervision for 34 years, especially as vice chairman of the CbRC for nearly 8 years. According to the data, when Cai Esheng was the vice chairman of the CHINA BANK, he was mainly in charge of the supervision of non-bank financial institutions (including trust companies, financial leasing companies, and financial companies), policy banks, financial asset management companies, postal savings banks and other financial institutions.

Eight years after retirement, Cai Esheng was investigated on July 30, 2021. On the same day, the China Banking and Insurance Regulatory Commission held a meeting of the party committee, which mentioned that it profoundly absorbed the lessons of Cai Esheng's suspected serious violations of discipline and law, took the case as a lesson, took it as a warning, drew lessons from one case, and sounded the alarm bell for a long time. To unswervingly deepen the anti-corruption work in the financial sector, we must focus on prominent problems, key areas and key positions, resolutely investigate and deal with the corruption problems behind financial risks, resolutely investigate and deal with corrupt elements who do not restrain and do not rein in, and do a good job in linking financial anti-corruption with the overall planning of handling financial risks. The meeting demanded that we should conscientiously implement the provisions on the separation of public and private, the recusal of performance, non-official exchanges, zero material exchanges, and personal investment and financing behaviors, and continue to build a "pro" and "clean" health supervision relationship.

On January 24, the State Supervision Commission of the Central Commission for Discipline Inspection reported the results of Cai Esheng's punishment: expulsion from the party, cancellation of the treatment he enjoyed in accordance with regulations, and confiscation of his gains from violations of discipline and law; transfer his suspected crimes to the procuratorial organs for examination and prosecution according to law, and transfer the property involved.

The circular said: After investigation, Cai Esheng lost his ideals and convictions, betrayed his original mission, completely degenerated politically, was disloyal and dishonest to the party, engaged in duplicitous factions and acted as duplicitous people, abused the power of financial supervision, seriously disrupted the order of the financial market, seriously polluted the political ecology of the financial sector, and resisted organizational censorship; he ignored the spirit of the eight central regulations, became extravagant and corrupt, accepted gifts and gifts in violation of the law, accepted banquets, tours, and golfing arrangements that might affect the fair execution of official duties, and repeatedly entered and left private clubs in violation of the law; his organizational concept was indifferent. Failure to report personal matters in accordance with regulations; unscrupulousness and shame, engaging in large-scale trading of power and money; incorrectly performing duties, interfering in and interfering in administrative licensing matters in violation of regulations; lawlessness, "retiring without end," committing crimes against the wind, using the convenience and influence of one's position to seek profits for others in the areas of financing loans, project contracting, and promotion of posts, and illegally accepting huge sums of money and property.

It is worth noting that Cai Esheng was criticized for "retiring without resting and committing crimes against the wind", and in addition to the crime of accepting bribes and abusing his power, there is also a crime: the crime of using influence to accept bribes.

Three weeks before his retirement, on July 9, 2021, at the "Hangshu Hengai Special Needs Trust Theme Summit" hosted by AVIC Trust in Beijing, Cai Esheng attended and delivered a speech as president of the Northern New Finance Research Institute and former vice chairman of the China Banking Regulatory Commission. Before that, on June 28, the second session of the Chongqing Finance Lecture Hall was held in the lecture hall of the Chongqing Finance Museum. Cai Esheng was a special guest speaker who delivered a speech on the theme of "Financial Regulation and Financial Stability".

In addition to the president of the above-mentioned Northern New Finance Research Institute, Cai Esheng is also the chairman of the South-South Cooperation Financial Center, and also serves as the chairman of the Shanghai Museum of Science and Technology Finance as a volunteer.

The "financial tigers" and "political and legal tigers" who were expelled from the party on the same day were arrested on the same day

Meng Xiang. Infographic

Meng Xiang, the "political and legal tiger", obtained large returns through private lending and was suspected of accepting bribes

Meng Xiang, 57, has served in the court system for 36 years.

Meng Xiang was born in February 1965, Baoding, Hebei Province, Master of Laws, in his early years of long-term service in the Beijing court system, worked in the Fengtai District Court for nearly 20 years, the official to the vice president. In 2004, Meng Xiang was transferred to the Beijing Municipal High People's Court as the president of the case filing division, and later served as the director of the office and a member of the adjudication committee. In 2008, Meng Xiang served as a member of the Party Group, head of the discipline inspection team and member of the adjudication committee of the Second Intermediate People's Court of Beijing Municipality.

In 2013, Meng Xiang returned to the Beijing Municipal High People's Court as a member of the party group and vice president, and was appointed director of the executive bureau of the Supreme People's Court in 2016 and a member of the adjudication committee of the Supreme People's Court in August 2019.

On July 16, 2021, Meng Xiang fell from power in office, which is another "big tiger" of the political and legal system that fell in the education and rectification of the national political and legal team in 2021.

On the day meng xiang was investigated, the party group of the Supreme People's Court held a meeting and pointed out that leading cadres of courts at all levels should resolutely manage themselves, manage their families and surrounding staff, and lead the team well. The meeting also demanded that the operation and supervision mechanism of the adjudication power should be improved to ensure a fair and honest administration of justice. It is necessary to implement and improve the system of a list of adjudication powers and responsibilities, improve the mechanism for identifying and supervising the "four types of cases", consolidate the trial supervision and management duties of court presidents, and ensure that decentralization and supervision are unified. The meeting stressed: We should conscientiously do a good job in educating and rectifying the contingent, resolutely rectify the stubborn and chronic diseases of the court system, and resolutely eliminate the black sheep in the contingent of courts.

On January 24, the Central Commission for Discipline Inspection and the State Supervision Commission reported the results of Meng Xiang's punishment: expulsion from the party and dismissal from public office, confiscation of his gains from violations of discipline and law, transfer his suspected crimes to the procuratorate for examination and prosecution according to law, and transfer the property involved.

The circular said: After investigation, Meng Xiang betrayed his original mission, lost his ideals and convictions, was disloyal and dishonest to the party, deliberately resisted organizational censorship, and engaged in superstitious activities; violated the spirit of the eight central regulations, accepted gifts and gifts in violation of the law, and accepted banquets that might affect the fair execution of official duties for a long time; did not report personal matters in accordance with regulations; engaged in profit-making activities in violation of regulations and obtained large returns through private lending; violated the law by law enforcement, interfered in cadre selection, appointment, and judicial activities in violation of regulations; became corrupt and degenerate in life; and engaged in power and money transactions on a large scale. He used his position to facilitate the exploitation of others in the trial and execution of cases, the contracting of engineering projects, etc., and illegally accepted huge amounts of money and property.

Central Commission for Discipline Inspection: Unswervingly push the anti-corruption struggle to the depth

The inspection bureau combed and found that the 2 "tigers" who were arrested this time were from the financial field and the political and legal fields. These two areas were among the key areas of anti-corruption efforts last year. The Sixth Plenary Session of the Nineteenth Central Discipline Inspection Commission, when summarizing the work in 2021, mentioned that "resolutely investigate and deal with major corruption cases, seriously investigate and deal with corruption cases in which political and economic issues are intertwined, and increase the intensity of anti-corruption in state-owned enterprises, finance, political and legal affairs, grain purchase and sales, and development zone construction." ”

Judging from the briefing of the Central Discipline Inspection Commission and the State Supervision Commission, the 2 people first slipped in political ideology, deviated from their original mission, and finally embarked on the road of no return for corruption. Cai Esheng "lost his ideals and convictions, betrayed his original mission, completely degenerated politically, was disloyal and dishonest to the party, engaged in duplicity and became a two-faced person"; Meng Xiang "betrayed his original mission, lost his ideals and convictions, was disloyal and dishonest to the party, and deliberately resisted organizational censorship."

Both of them used their positions to facilitate the acceptance of huge amounts of property, and alienated the power in their hands into a tool to make money: "Financial Tiger" Cai Esheng accepted bribes mainly for others to seek benefits in financing loans, project contracting, job promotion, etc.; "Political and Legal Tiger" Meng Xiang sought profits in case trial execution and project contracting.

In addition to engaging in power and money transactions, it was reported that Cai E's survival was "repeatedly in violation of the law in private clubs and accepted banquets"; Meng Xiang also engaged in superstitious activities.

Today, the website of the Central Commission for Discipline Inspection and the State Supervision Commission published an article entitled "Grasping the New Phased Characteristics of Anti-Corruption," which pointed out: As long as the soil and conditions for the problem of corruption exist, the phenomenon of corruption will not be eradicated, and the anti-corruption struggle will not be stopped. We must take the initiative to deal with the new situation and new challenges in the anti-corruption struggle, maintain a strong force for opposing and punishing corruption, and unswervingly push the anti-corruption struggle to a deeper level.

Text: Liang Jianzhong

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