Ding Shumiao Sentenced to 10 Years and Fined 2.5 Billion
2015-04-23
On December 16, 2014, Ding Yuxin, also known as Ding Shumiao, was sentenced to 20 years in prison by Beijing No. 2 Intermediate Peoples Court on charges of bribery and illegal business operations. She was also fined 2.5 billion yuan and had 20 million yuan worth of personal property confiscated.
The court found that Ding Shumiao, former legal representative of Beijing Broad Union Investment Management Company, had helped 23 contractors win bids for 57 railway projects between 2007 and 2010. Illegal commission fees amounted to more than 3 billion yuan and Ding herself gained more than 2 billion.
The railway construction bidding market had been seriously disrupted by Dings illegal activities, the court said. At her trial in September, 2013, prosecutors said that with the help of Liu Zhijun, Ding and her relatives had reaped huge profits from a number of projects and cargo transport contracts between 2004 and 2011. In return, she paid Liu Zhijun bribes worth 49 million yuan.
In June, 2013, Liu was charged with helping Ding make profits of almost 4 billion yuan, and a month later he was sentenced to death with a twoyear reprieve for taking bribes of more than 64 million yuan.
杂志排行
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