Taking advantage of his work at the Shanghai headquarters of Chinese Min min bank, Yang Biao, former deputy director of the financial services department of the Shanghai headquarters of the central bank, has repeatedly accepted or solicited bribes from others of 2.4 million yuan and more than 41,000 US dollars. After leaving his post, Yang Biao used his influence to ask others for a bribe of 3.5 million yuan. Recently, the Shanghai No. 1 Intermediate People's Court published a ruling on the case, ruling to reject Yang Biao's appeal and upholding the 12-year prison sentence issued by the court of first instance.
In the name of her daughter studying abroad, she asked for money
Born in 1964, Yang Biao is a doctoral student with a long history of working at the Shanghai headquarters of the central bank. From July 2012 to October 2015, when Yang Biao was the director of the Payment and Settlement Department and the deputy director of the First Department of Financial Services of the Financial Services Department of the Shanghai Headquarters of the People's Bank of China, he took advantage of his position in charge of reviewing third-party payment business licenses, supervising third-party payment institutions and various banking payment institutions, and the daily management of the department, to provide assistance to others and seek improper benefits, and repeatedly accepted or solicited bribes from others of RMB2.4 million and more than US$41,000.
The ruling shows that Yang Biao has repeatedly accepted or asked for bribes in the name of his daughter. In May 2012, Yang Biao asked Zhang Mou, chairman of a village and town bank in Songjiang District, and Wang Mou, general manager of a company in Jiangsu, on the grounds that his daughter needed funds to study abroad, and the two of them understood and transferred 300,000 yuan to Yang Biao's bank account respectively.
In the summer of 2013, Luan Mou, the chairman of a company, obtained help in the issuance and supervision of third-party payment business licenses, and after giving Yang Biao 500,000 yuan in cash at the hotel, he entrusted others to pay Yang Biao's daughter a total of more than 41,000 YUAN in accommodation costs for studying in the United States from October 2014 to November 2015.
In July 2012, Yang Biao purchased 500,000 shares of the company from Chen Mou, chairman of a Shanghai group co., LTD., at a price of 1 yuan per share, the actual price per share was 1.6 yuan, Yang Biao himself paid 500,000 yuan, and the difference of 300,000 yuan was paid by Chen. The 500,000 shares were transferred to Yang Biao's daughter in March 2017.
He continued to accept bribes after leaving office
In 2016, Yang Biao left the central bank's Shanghai headquarters, but his bribery road has not stopped. Yang Biao first instructed Shi Mou, the former subordinate and current head of the clearing organization management section of the payment and settlement department of the financial services department of the Central Bank of Shanghai Headquarters, to help improve the score in the classification rating of the subsidiary under the name of a Shanghai company, so as to successfully pass the review of the renewal of the third-party payment license by the Shanghai headquarters of the central bank. After that, Yang Biao asked the general manager for a bribe of 3.5 million yuan on the grounds of borrowing.
On October 30, 2019, the official public name of the Fengxian District Discipline Inspection Commission Supervision Commission "Xiancheng Qingfeng" issued a notice saying that Yang Biao was suspected of serious job violations and job crimes and was currently under supervision and investigation by the Fengxian District Supervision Commission.
The Fengxian court held in the first instance that Yang Biao, as a state functionary, took advantage of his position to solicit other people's property and property, and then illegally accepted other people's property and property to seek benefits for others, and accepted bribes totaling more than 2.6 million yuan, a huge amount, and some of them were bribes, and his behavior constituted the crime of accepting bribes; after leaving his post, Yang Biao took advantage of the convenience of his original position and position to seek improper benefits for the trustees through the acts of other state staff, and asked for 3.5 million yuan from the trustees, which was a particularly huge amount. His conduct has constituted the crime of using influence to accept bribes. It was decided to punish Yang Biao for both crimes, and to be sentenced to 12 years' imprisonment, deprived of political rights for 2 years, and fined 2 million yuan.
Yang Biao appealed, and on June 22 this year, the Shanghai First Intermediate People's Court ruled to reject the appeal and upheld the original judgment.
Negative textbook for central banks
Although Yang Biao had left the central bank's Shanghai headquarters for nearly 3 years at the time of the crime, the case still attracted the attention of the central bank and the Shanghai headquarters.
An article on June 10 last year, "PBC Clean and Honest Finance," the official weChat account of the Discipline Inspection and Supervision Group of the State Supervision Commission of the Central Commission for Discipline Inspection and Supervision in Chinese, revealed that the head office of the central bank and the leaders of the discipline inspection and supervision group stationed at the Central Bank of China issued instructions on Yang Biao's relevant case materials, calling for studying Yang Biao's case and its lessons and warnings, comprehensively examining and drawing lessons from each other, using cases to promote reform, filling in shortcomings, plugging loopholes, and strengthening weak points, and consolidating the responsibility of comprehensively and strictly administering the party.
The Shanghai headquarters of the central bank immediately held a warning education conference; in accordance with the requirements of "using the people around them to carry out warning education, using typical cases as a stick to drink, so that more cadres sweat with red faces and know what is wrong," the first time to study and deploy the warning education work in The Yang Biao case, formulate an implementation plan for the warning education activities, carry out the work of warning by case warning, take case as a warning, and use cases to promote reform We should tighten the string of discipline and law and earnestly enhance the pertinence and effectiveness of warning education.
On December 4 last year, when the first-instance trial of Yang Biao's case was held, the Discipline Inspection Commission of the Central Bank's Shanghai Headquarters also organized more than 40 cadres from the headquarters involving "power, money, and people" to observe the trial, and opened the warning education class to the scene of Yang Biao's trial and received warning education "at zero distance."
The central bank's Shanghai headquarters organized more than 40 cadres to observe the trial of Yang Biao's case
Column Editor-in-Chief: Zhang Jun Text Editor: Wang Xiaole Title Image Source: Figureworm Creative Image Editor: Yong Kai
Source: Author: Wang Xianle