Monday, January 24, 2011

Director of accounting embezzlement of public funds to his son jailed for 14 years to start a company

 (Reporter Wang Lina) Beijing in Beijing, the former director of the Valley accounting firm, the legal representative of Lee, the company's misappropriation of public funds used to start a business to his son, and before the instigation of the accounting reform in the unit to take down accounts, balancing the books, etc. means of false billing to the name of other write-off payment of 30 million. Yesterday, reporters learned that constitute a misappropriation of public funds for crime, corruption, Lee was the Court of First Instance sentenced to West Side for 14 years.

66-year-old Lee, Beijing Beijing's former director of the Valley accounting firm, legal representative, responsible for the overall work, is a national staff.

the suspected case occurred in more than 10 years ago. Valley that started in Beijing might face a lawsuit by the risk. According to the Institute's staff confirmed that, in 1998, Beijing valley are with a company had a legal proceeding, Lee afraid of the court seized Beijing valley of the assets, to think of the Beijing-Valley of the money transferred out, and other actions after the end of the money transfer back. September 1998, Lee So with Beijing Hai Ye Business Advisory Centre (hereinafter referred to as sea Ye center) signed a cooperation agreement the two fake, two car rental agreement, Google will be in Beijing by 75 million of public funds to pay for co-operation costs, car rental fee in the form of temporary storage in the sea Ye center.

Soon, Lee's son to start a company, need money. Ye Lee decided to be transferred to the sea in the center of 75 million, out of 50 million to start a company with his son. November 1998, December, Lee let children use them 30 million to buy the two Jetta car, rent a car used by the Beijing-Valley, a car belonging to Lee, the son of company property. December 31 the same year, the Lee Valley in Beijing before the restructuring, directed the accounting to take down accounts, balancing the books and other means of false accounting in order to pay the rental costs of the star center from the sea to recover the 75 million Ye's 30 million write-off .

2009 �� 11 months, the prosecution alleged anti-corruption officer for Lee, after the embezzlement of public funds leads to its file for investigation, this case since it surfaced 10 years ago.

trial, Lee denied the prosecution's allegations. She argues that the sea Ye center lent her son the money for the company has nothing to do with her own, but also there is the sea and accounting firms Ye center 75 million does not matter. In addition, she projects in other payables amount of 30 million write-down this is the unit in order to leave more time Reorganization of assets for development, there is no intentional corruption. Lee's counsel also believe that the case involved the fact that 10 years ago, and no serious social harm, the case should be no criminal penalties.

last December, the court found that Lee, as national staff, the use of his office, embezzlement 200,000 to his son making activities, and constituted embezzlement of public funds. Lee has 30 million embezzlement of public funds, their behavior constitute the crime of corruption. Concurrence of two crimes, Lee decided to perform in prison for 14 years.

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