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Title: Corruption in China - Failure = Death Post by: WhiskeyGirl on January 05, 2010, 10:49:39 AM Quote Report highlights corruption of China's SOE executives www.chinaview.cn 2010-01-05 21:09:38 Print BEIJING, Jan. 5 (Xinhua) -- Thirty-five senior executives of China's large state-owned enterprises (SOE), such as former Sinopec chairman Chen Tonghai, faced corruption charges last year. A report by Faren Magazine, affiliated to the Legal Daily and overseen by the Ministry of Justice, examined 95 serious criminal cases of executives of both state and private companies last year. Thirty-one of the SOE executives were found to be involved in cases involving an average of 110 million yuan (16.18 million U.S. dollars). Of those, 28 were charged with taking bribes, 16 with embezzlement and eight with misappropriation of public funds, the report said. Quote Another prominent case was that of Chen Tonghai, former general manager of China Petrochemical Corporation, who was found to have taken almost 200 million yuan in bribes and given a death sentence with a two-year reprieve in July. The report said two SOE executives were sentenced to death last year for graft. Li Peiying, former president of the Capital Airports Holding Company, was executed in August after he was found guilty of bribery and corruption. Apparently, graft, corruptin, misappropriation of public funds are serious crimes in China. What about lapss in fiduciary responsibilities? More here - http://news.xinhuanet.com/english/2010-01/05/content_12760278.htm (http://news.xinhuanet.com/english/2010-01/05/content_12760278.htm) I wonder if Congress, the White House, Treasury, Wall Street, and Federal Reseve would be spending, legislating, and using taxpayer money if the penalty for failure was death? Title: Re: Corruption in China - Failure = Death Post by: Edward on January 05, 2010, 12:42:56 PM IF You become an Enemy of almost Anyone in the Government, they MURDER YOU !
That is where WE are headed. Instead of murder though it will be prison time.. Our government has already started doing this.. Just think "Martha Stewart" lol Anyone who becomes ENEMY of the Socialists is done.. Title: Re: Corruption in China - Failure = Death Post by: WhiskeyGirl on January 07, 2010, 12:58:25 PM IF You become an Enemy of almost Anyone in the Government, they MURDER YOU ! That is where WE are headed. Instead of murder though it will be prison time.. Our government has already started doing this.. Just think "Martha Stewart" lol Anyone who becomes ENEMY of the Socialists is done.. Utopia cannot exist if there is conflict. So, those that disagree need to be eliminated. It is the elite ruling class and the masses. The middle class is destroyed. |