Wang Xin was formally arrested on June 6, 2009 on suspicion of corruption. According to the prosecution's accusation, from August 2004 to August 2005, Guangfa Bank sought to transfer the non-performing assets "Guang Hai Project" (namely the shares of Shenzhen Guanghai Investment Co., Ltd. held by Guangkong Group). In the process, Hou Ming was entrusted by a Korean company and repeatedly proposed to Wang Xin to be acquired by a Korean company. " When Wang Xin considered the project in the GDB Risk Asset Management Committee, he expressed his support for Hanguo Company to acquire the project and was approved. After the successful acquisition of "Guang Hai Project" by Hanguo Company, one day in September 2005, Hou Ming went to Wang Xin's office and gave him a thank-you fee of HK$ 300,000.
"Guangzhou China Travel Avenue" reserve price auction
At the beginning of April, 2006, Hou Ming tried to contact the operator to purchase the non-performing asset "Guangzhou China Travel Avenue Project" of Guangfa Bank (that is, the creditor's right of Guangfa Bank to Guangzhou China Travel Avenue Real Estate Development Co., Ltd. was 30 1 10,000 yuan and its fruits), and successively found Li Ruohong, the chairman of Guangfa Bank, and Wang Xin, who was in charge of this matter.
Hou Ming proposed to transfer the project to Anhua Baiyun Auction House, which had colluded with him in advance. With the consent of Li Ruohong, Wang Xin finally agreed to hand over the project to Anhua Baiyun Auction House at a reserve price of 50 million yuan. Under the operation of Hou Ming, Hanguo Company won the "Guangzhou China Travel Avenue Project" at the reserve price without any competitors. The Korean company paid Hou Ming 654.38+0.38 million yuan. Hou Ming visited Wang Xin's office twice in July and August 2006 and gave him 500,000 Hong Kong dollars.
Subsequently, Wang, deputy general manager of Hanguo Company, bought a Lexus RX350 off-road vehicle worth 680,000 yuan in the name of Yuntai Industrial Company and gave it to Hou Ming. At the end of 2006, Hou Ming gave the car to Wang Xin for use. In May 2009, after Hou Ming was put on file for investigation, Wang Xin parked his car in the parking lot of Shenzhen Wuzhou Hotel on June 1 of the same year for fear of committing a crime.
Xinhuanet Guangzhou 65438+1October 25th (Reporter Mao) The former vice president of Guangdong Development Bank was sentenced to 4 years' imprisonment and 40,000 yuan's property confiscated by Guangzhou Intermediate People's Court on the morning of 25th for accepting bribes for accepting 800,000 Hong Kong dollars. After the incident, Wang Xin's family confiscated 570,000 yuan and HK$ 1.5 million yuan.
The court found that from August 2004 to August 2006, during his tenure as vice president, Wang Xin took advantage of the position of Guangkong Group, a wholly-owned subsidiary in charge of the bank, and the asset management department of the bank to help the Korean company represented by Hou Ming acquire non-performing assets and accept a thank-you fee of HK$ 800,000 from Hou Ming.
From August 2004 to August 2005, GDB transferred the shares of Shenzhen Guanghai Investment Co., Ltd., a non-performing asset "Guang Hai Project" held by Guangkong Group. Entrusted by Korean companies, Hou Ming repeatedly asked Wang Xin to acquire the "Guang Hai Project" of Korean companies. In the case that the originally selected Shenzhen Vanke Real Estate Company withdrew from the bidding, Wang Xin expressed his consent to the acquisition of the project by Hanguo Company to Hou Ming, and expressed his support for Hanguo Company when the GDB Risk Asset Management Committee reviewed the project, so that it was passed. After the successful acquisition of "Guang Hai Project" by Hanguo Company, Hou Ming paid a thank-you fee of HK$ 300,000 to Wang Xin's office on September 2005.
At the beginning of April, 2006, Hanguo Company entrusted Hou Ming to negotiate with GDB to operate and purchase the "Guangzhong Travel Avenue Project". In this project, GDB claims RMB 30. 1 100 million from Guangzhou CTS Avenue Real Estate Development Co., Ltd. and its fruits. In order to ensure that Hanguo Company can acquire the project at a low price without competition, Hou Ming asked Li Ruohong and GDB Chairman Wang Xin to transfer the project to Anhua Baiyun Auction House, which had colluded in advance. With the consent of Li Ruohong, Wang Xin finally agreed to hand over the project to Anhua Baiyun Auction House at a reserve price of 50 million yuan. Under the operation of Hou Ming, Hanguo Company won the "Guangzhou China Travel Avenue Project" at the reserve price without bidding rivals. Hanguo Company therefore paid Hou Ming RMB 6,543,800+038,000. Hou Ming went to Wang Xin's office twice in July and August 2006 and paid him a bribe of HK$ 500,000, including HK$ 300,000 once and HK$ 200,000 once. In addition, whether Wang Xin's long-term use of off-road vehicles provided by Hou Ming constitutes a crime of accepting bribes is the focus of this case. On September 27th, 2006, Wang Zhanwen, deputy general manager of Korean company, bought an off-road vehicle worth 680,000 yuan in the name of Yuntai Company and gave it to Hou Ming for use. From June 5438 to February 2006, Hou Ming offered this off-road vehicle to Wang Xin for use. In May 2009, after learning that Hou Ming was put on file for investigation, Wang Xin parked his car in the parking lot of Shenzhen Wuzhou Hotel, and told Wang Zhanwen to take it back through Hou Ming's relatives.