Jiang Bin, former vice president of the Chongqing branch of the Export-Import Bank of China, exposed the details of the bribe: he once collected millions of cash in garages and roadsides

Per reporter: Zhang Zhuoqing Per editor: Duan Lian

Recently, a criminal ruling issued by the Chongqing No. 1 Intermediate People's Court exposed many details of the bribery case of Jiang Bin, former vice president of the Chongqing branch of the Export-Import Bank of China, who illegally accepted a cash bribe of 1 million yuan from loan customer Yuan Yumao while serving as vice president of the Chongqing branch of the Bank of China, and helped him obtain a loan of up to 220 million yuan, causing major economic losses to the country.

At present, Jiang Bin has been "double-dismissed" for serious violations of law and discipline, and his suspected crimes have been transferred to the procuratorial organs for examination and prosecution according to law, while Yuan Yumao, who participated in accepting bribes, has also been sentenced to five years in prison for committing the crime of bribery.

<h2>Accepted bribes of 1 million yuan and illegally lent 220 million yuan</h2>

In 2012, Yuan Yumao participated in the development of the township hotel project encountered financial difficulties, he asked Jiang Bin, then vice president of the Chongqing branch of the Export-Import Bank, for help, hoping that Jiang Bin could help him apply for a loan from the bank, and under Jiang Bin's arrangement, in May 2013, Yuan Yumao applied for a loan of 220 million yuan from the Chongqing branch of the Export-Import Bank of China in the name of the township hotel project.

Subsequently, Jiang Bin gave Yuan Yumao "help" in all aspects, so that his company signed a maximum financing contract of 220 million yuan with the Chongqing branch of the Export-Import Bank, and in order to repay Jiang Bin's "help", Yuan Yumao gave Jiang Bin 300,000 yuan in cash directly in broad daylight on the side of the road near The Yubei District of Chongqing.

In fact, this financing was not actually used for the development of the hotel, but was diverted by Yuan Yumao for other purposes and flowed into his own pocket, and between July and September 2013, the Chongqing branch of the Export-Import Bank of China issued a total of 110 million yuan in loans to Yuan Yumao's company, of which 88.5 million yuan was used for lending, and another 8.95 million yuan was transferred to yuan Yumao's personally controlled account.

And all this, Jiang Bin, who helped Yuan Yumao operate in the dark to obtain a loan, knew that Yuan Yumao, in order to thank Jiang for his "help" and hope that he could continue to "help" in the future, gave him 700,000 yuan in cash in the garage of Jiang Bin's home.

After experiencing the success of the previous fraudulent loan and confident that he had the "protective umbrella" protection of Jiang Bin, Yuan Yumao began his fraudulent loan again, this time in the name of the hotel's interior decoration, he arranged for others to forge false information such as decoration construction contracts, and applied to the Chongqing branch of the Export-Import Bank of China to continue lending in the name of paying for the decoration project.

With the help of Jiang Bin's violations, the Chongqing branch of the Export-Import Bank of China issued loans of 40 million yuan and 59.5 million yuan to Yuan Yumao's company respectively. After receiving the money, Yuan Yumao repeated the trick, using 62.8 million yuan for lending and 33.7 million yuan into an account controlled by him.

<h2>Running businesses in violation of the law, living a depraved life and having an unhealthy family style</h2>

Jiang Bin served as a vice president of the Chongqing branch of the Export-Import Bank for a long time for 8 years, and shortly after helping Yuan Yumao to lend money illegally, Jiang Bin was given a promotion opportunity to serve as the party secretary and president of the Shaanxi branch of the Export-Import Bank. In January 2019, he became the general manager of Chongqing Import and Export Financing Guarantee Co., Ltd.

After Jiang Bin served in Chongqing Import and Export Financing Guarantee Co., Ltd. for three months, the Discipline Inspection and Supervision Group of the Central Discipline Inspection Commission and the State Supervision Commission of the Export-Import Bank of China and the Chongqing Municipal Commission for Discipline Inspection conducted a disciplinary review and supervision investigation of Jiang Bin's serious violations of discipline and laws.

After investigation, it was found that illegal lending was only the tip of the iceberg in which Jiang Bin was "double-opened.", and the Discipline Inspection and Supervision Group of the State Supervision Commission of the Central Discipline Inspection Commission in the Export-Import Bank of China and the Chongqing Municipal Commission for Discipline Inspection and Supervision said:

Jiang Bin lost his ideals and convictions, was mentally empty, indulged in feudal superstitious activities, resisted organizational censorship; violated the spirit of the eight provisions of the central authorities, alienated his view of power, distorted his view of political achievements, vigorously engaged in formalism and bureaucracy, accepted tours and banquets arranged by loan customers in violation of regulations, and accepted gifts and gifts in violation of regulations;

Violating honesty and discipline, running businesses in violation of regulations; degenerating in life, morally corrupt, and unhealthy family style; economic greed, using the right to approve credit as a tool for seeking personal personal interests, accepting huge bribes from loan customers, and illegally issuing loans, causing major economic losses to the state.

After the study of the Chongqing Municipal Commission for Discipline Inspection and Supervision, it was decided to give Jiang Bin the punishment of expulsion from the party, confiscate his gains from violations of discipline, transfer his suspected crimes to the procuratorial organs for examination and prosecution according to law, and transfer the property involved with the case; after study by the party committee of the Export-Import Bank of China, it was decided to give Jiang Bin the punishment of expulsion.

The briber yuan yumao in Jiang Bin's bribery case was investigated at the same time as Jiang Bin was investigated, and was taken into custody on suspicion of committing bribery and was criminally detained on October 18, 2019. The Yubei District People's Court of Chongqing Municipality ruled that Yuan Yushuo was guilty of bribery and sentenced him to five years' imprisonment in the first instance. The Second Instance Trial of the First Intermediate People's Court of Chongqing Municipality upheld the original judgment.

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