A few days ago, Chen Xiaodong, former vice mayor of Nantong City in Jiangsu Province and former secretary of Rugao City, was sentenced to 14 years and six months in prison and fined 1.3 million yuan on charges of abusing power, accepting bribes, and laundering money. The most surprising thing about this case is that the criminal party caused a loss of more than 5.6 billion yuan in state-owned assets!
What is the concept of 5.6 billion yuan? According to preliminary estimates, the weight of a 100 yuan bill is about 1.15 grams. 10,000 yuan weighs about 115 grams. The 100 million yuan bill weighs about 1.15 tons, and the 5.6 billion yuan bill weighs about 64.4 tons, and it takes 2 heavy trucks to pull it away. According to public information, the fiscal revenue of Rugao City (a county-level city under Nantong) in 2022 will be 7.35 billion, and the loss of 5.6 billion state-owned assets accounts for 76.19% of the city's fiscal revenue. According to public information, the local government debt limit and balance table of Rugao City in 2022 shows that the total debt balance of Rugao City in 2022 is expected to be 28.46 billion yuan, of which general debt is 15.06 billion yuan and special debt is 13.4 billion yuan. The total debt was 387.2% of the fiscal revenue of the year, which was far beyond the debt warning line. In the case of the extremely poor financial situation of the local government, Chen Xiaodong, secretary of the municipal party committee, also abused his power, causing the loss of 5.6 billion yuan of state-owned assets, which is really sad!
This incident shows that Chen Xiaodong is an out-and-out "three-no-secretary", that is, "no organizational concept", "no economic mind", and "no legal awareness". As a leading cadre of the party, who has been educated by the party for many years, he should be loyal to the cause of the party and the people, spare no effort, and boost the city's economy and the people's living standards. However, Chen Xiaodong regarded his post as a tool for using power for personal gain, and had no organizational concept at all. He said that he had no concept of law because the laws on land transfer and project bidding in various parts of the mainland were very sound, but Chen Xiaodong ignored the law, engaged in "power is greater than the law," and brazenly provided assistance to others in matters such as the examination and approval of project land, the reduction or exemption of land transfer fees, and the contracting of construction projects. Xiao En Xiaohui, although the property and preferred shares he received were equivalent to about 14.24 million yuan, the country suffered a huge loss of as much as 5.6 billion yuan, which is really a "big loser"!
Chen Xiaodong was born in July 1969, is 54 years old, a native of Qidong, Jiangsu, with an on-the-job postgraduate degree, a doctorate, 28 years of party experience, 33 years of working experience, and has been appointed as a deputy department-level cadre at the age of 49, with a very good development prospect. This fall is really suffocating!
Regarding Chen Xiaodong's verdict, many netizens expressed different opinions. Some said, "The loss of state-owned assets has been more than 5.6 billion yuan, how can the sentence be so light?" "I am not shocked, anyway, I am refreshing my cognition every day, and I am refreshing my record every day."
"It is necessary to impose heavy penalties and crack down hard in order to stop the occurrence of corruption, and the sentence of life imprisonment should be about the same." "The cost of crime is too low, too low, and it leads to more and more crime." Some people are concerned about whether the 5.6 billion yuan of state-owned assets that have been lost can be recovered, where have these state-owned assets been lost, and whether they have been lost to the givers of gifts, or whether they have been lost to themselves or their relatives and friends, and they must ask for an explanation.
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