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He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

author:Xiao Zhou said Finance

In the eyes of ordinary people, embezzlement of public funds is a serious economic crime and should be severely punished by law. However, the protagonist of this story has an unusual experience. He is Shao Chun, a figure who has left a deep mark on China's financial circles and national defense. Although his actions are illegal, they are for the long-term interests of a country and the future of the nation. Today, we will uncover the story behind this forgotten aircraft carrier hero.

He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

Shao Chun, an ordinary boy born in Beijing, became an outstanding graduate of the Central University of Finance and Economics with his hard work and talent. He excelled in his studies and wrote his own legend in the financial world. In 1993, Shao Chun became the chairman of Huaxia Securities, and in just a few years, Huaxia Securities brought it to the first place in the country.

In 1996, China's stock market experienced an unprecedented crash, and the market fell into despair. At this critical moment, it was Shao Chun who commanded Huaxia Securities to invest a huge amount of money to turn the tide, stabilize the stock market, and stabilize the people's hearts. This behavior has established his status in the financial world.

He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

In 1998, Shao Chun's fate took a dramatic turn. His story with an aircraft carrier begins here. The aircraft carrier, named "Varyag", originally belonged to the former Soviet Union, but it faced the fate of being sold due to the disintegration of the country and the economic difficulties of Ukraine.

For China, having an aircraft carrier is of great significance to improving its defense capabilities. He Pengfei, deputy commander of the Navy, strongly advocated the purchase of the "Varyag," believing that this was a historical opportunity that the Chinese Navy could not miss. However, for various reasons, this plan was not agreed upon in the upper echelons.

He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

At this critical moment, Shao Chun received a special request - to help the country purchase the "Varyag". Although this act was not officially approved by the state, and even posed great risks, Shao Chun decided to take a risk. Through his own efforts, he raised almost 300 million funds to provide key support for the purchase of the "Varyag".

He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

Although Shao Chun's behavior helped China successfully purchase the "Varyag", it also caused him to fall into a storm of embezzlement. After a lengthy investigation, although Shao Chun was not found to have transferred funds to his personal account, he was suspended and transferred from his leadership position at Huaxia Securities.

He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

In 2018, with the completion of the transformation of the "Varyag", China's first aircraft carrier "Liaoning" was officially put into service, and Shao Chun's contribution was recognized by the state. Not only was he paid back for 19 years, but he also received a certificate of outstanding contribution to the aircraft carrier, and his grievances for many years were finally revealed.

He embezzled nearly 300 million public funds, but he did not go to jail for a day, and he was paid 19 years of back wages

Shao Chun's story is a story of courage, wisdom and patriotism. Although his actions were violated, his purpose was for the future of the country and the nation. His story teaches us that sometimes, a turning point in history requires some extraordinary people to push it. Shao Chun, the forgotten hero of the aircraft carrier, his name and story deserve to be remembered by each of us.

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