""Big Tiger" Cai Guohua has a belt of 218,000 and is greedy for 10.3 billion! Use the bank as a private vault
Although his position is not high, the amount involved in the case is as high as 10.3 billion yuan, which is the "ceiling" of all the public officials who have been removed.
He spends 400,000 a day, which is almost the savings of many families for more than ten years.
A belt is worth 218,000 yuan, a grandeur that stunned the NPC and CPPCC members present.
However, his "tiger" character is not because he accepts bribes for a lot of money.
Rather, it was due to his audacious embezzlement. How bold Cai Guohua is, as can be seen from his actions in court.
The medical college student turned into a bank CEO
Cai Guohua, born in 1965, entered the medical profession after graduating from primary school and entered the workplace after graduating from the Technical College. On his resume, his initial occupation was working in a hospital in his hometown.
This resume, in the eyes of many people, is a suspicious place, Cai Guohua graduated from a technical school, looks sixteen years old, how can he work in the hospital?
In this way, in just three years, he was promoted to the position of a deputy director. For this young man with outstanding work ability and flexible mind, the leaders above are also satisfied.
While he was still working, he applied to the Chinese party organization. Three years later, he was appointed party secretary of Yangxin County, and Cai Guohua embarked on a career path, from an ordinary cadre to a leading position in Yantai City, and later appointed as the vice mayor of Yantai City.
In the more than two decades since, Cai Guohua's career can be described as thriving, from a county to a city official, although he is already a high authority, but Cai Guohua's age makes him look exceptionally young.
In the public interest, a bank is like an ATM
In the past, people often joked about who is the richest person in the world and who is the richest. But in fact, everyone knows that even if you work in a bank, the money in the bank is not your own. However, during the time Cai Guohua was the chairman, he really took the bank as his own money and took it as he wanted.
Cai Guohua's greed and lawlessness can be said to be perverted to the extreme, not concealed at all, and can even be said to be upright. Under the guise of trust loans, 4.8 billion yuan was transferred from Hengfeng Bank to its Shanghai "Yanyi" Investment Company, and huge profits were made from it.
In addition to spending money himself, there are also people in his family.
A Maxmara coat, worth more than 40,000, she bought it for her daughter without saying a word, a mahogany sofa worth eight million, she sent it to her wife without saying a word, all this, she didn't need to pay a penny to get what she wanted from Hengfeng Bank!
This guy is clearly using the bank as his own small treasury.
The price of Cai Guohua's gold belt alone has reached 218,000.
According to records, the belt was made of gold throughout, and the surface was extremely ornately decorated, the most conspicuous of which was the eagle, which was Cai Guohua's favorite thing in private.
It is often worn, both to satisfy one's vanity and to show one's identity.
Cai Guohua has been paying attention to his health since moving out of his villa and luxury car, and he doesn't know how he thinks seafood is good for his body, and he will let his assistant buy it every day. He loves to eat sea cucumbers the most, and he always has to get one or two a day to fill his stomach.
It is said that Cai Guohua suffered from an adverse reaction due to long-term consumption of sea cucumbers, and if he did not eat sea cucumbers for a day, he would be upset and have difficulty breathing.
However, like this, intrigue is not uncommon in reality, some are unevenly divided, some have been suppressed for a long time, sue each other, and finally all fall.
Cai has begun to use his rights to serve his personal interests. An investigation revealed that Lee Kuan Yew committed $160 billion in illegal lending at Hengfeng Bank. This money, which was originally used to develop the bank, has now become his private property.
In 2016, when Cai Guohua was exposed by the media about the scandal of corruption and bribery, he did not show any panic, but immediately took out 10 million to calm the matter.
The former president of Hengfeng Group embezzled more than 100 billion yuan in public funds in three years.
He never imagined that he would one day be sent to prison by a whistleblower from his subordinates.
Hengfeng is a large state-owned bank, could it be that after Cai Guohua became the owner, the people in the bank did not know?
However, just when Cai Guohua thought he could get more wealth, a whistleblower letter brought his life to an abrupt end.
Luan Yongtai, the former chairman of Hengfeng Bank, made a major decision after a dispute with Cai Guohua over how to divide the money, which was to write a letter to the procuratorate to expose Cai's corruption.
The procuratorate also immediately began investigating Cai's actions and made them public.
There may be, but you can't say it, after all, paper can't contain fire after all.
The complaint was filed by Tsai Guohua, chairman of Hengfeng Bank, who was accused of serious disciplinary violations.
For a moment, there was an uproar on the Internet.
No one expected that this seemingly loyal doctor would turn into a corrupt official in a few years.
I hope everyone can learn something from Cai Guohua, that is, there is never a shortcut to success, and behind every shortcut, there can be a bottomless abyss.
After trial, he was sentenced to death in 2021 with two years of probation.
Conclusion
As the president of Hengfeng Bank, Cai Guohua kept all the funds for himself and ignored the interests of the people, which led to huge losses for the national economy.
If the officials cannot benefit them, it is better to go home and sell sweet potatoes as soon as possible.
The human mind is infinite, and we must keep a normal mind and not be externalized