Infinite Streamer - Chapter 418: Investigating and punishing senior bank officials

This time they took on a difficult and important task - to conduct an in-depth investigation into the suspected bribery case of Zhang Moumou, former member of the Party Committee and vice president of Industrial and Commercial Bank of China Limited.

As the investigation progressed in full swing, a large amount of evidence gradually surfaced.

After Liu Yuan and others' diligent search, verification and detailed inventory, they found that Zhang Moumou, relying on the power brought by his important position as Party Committee member and Vice President of Industrial and Commercial Bank of China Limited, unscrupulously opened the door to convenience for related units and individuals.

He also actively provided assistance in many key matters such as loan financing and job arrangements, enabling these units and individuals to successfully achieve their goals.

According to statistics, Zhang XX illegally accepted huge amounts of property from the above-mentioned units and individuals directly or indirectly through other people.

The accumulated value of these properties is astonishing, totaling more than 1.77 million yuan in RMB! Such an astronomical amount of bribes is jaw-dropping, and it also fully exposes Zhang's ugly behavior of seriously violating party discipline and national laws.

Upon investigation, it was found that Zhang was like a walking corpse, having lost his ideals and beliefs, and had deviated from his original aspirations and mission. He was so obsessed with his position that he made friends with political brokers like a fool, engaged in interest exchanges, and tried to gain political capital. His superstitious activities were even more absurd. He read books with serious political problems like a clown in an attempt to resist organizational review.

Zhang XX seriously violated the party's political discipline, organizational discipline, discipline on integrity and discipline on life, constituted serious violations of duty and was suspected of bribery. The nature of his crimes is serious and the impact is bad, and he should be dealt with seriously.

In addition, with the approval of the Central Commission for Discipline Inspection and the National Supervisory Commission, the Central Commission for Discipline Inspection and the National Supervisory Commission's Discipline Inspection and Supervision Group stationed in the Bank of China and the Jiangsu and Zhejiang Provincial Supervisory Commissions jointly took action to launch an in-depth and detailed investigation into the serious violations of discipline and law involving Guo Moumou, former Party Secretary and President of the Jiangsu and Zhejiang Branch of the Bank of China.

This incident has attracted widespread attention and has also made the atmosphere within many banking systems tense.

As for Liu Yuan, who has been working hard, he knows that he needs to redouble his efforts and keep moving forward.

Upon investigation, it was found that Guo had lost his ideals and beliefs, betrayed his original aspiration and mission, deliberately resisted organizational review, and engaged in superstitious activities; he had a serious sense of privilege, ignored the spirit of the Central Committee's eight regulations, and for a long time violated regulations by accepting gifts and cash gifts, violated regulations by entering and leaving private clubs, violated regulations by accepting high-end banquets, and used luxurious office space beyond the standard; he violated organizational principles, did not truthfully explain the problem when the organization inquired, and appointed people based on personal connections and failed to supervise them; he violated regulations by giving expenses that should have been paid by himself to others or units to pay, violated regulations by doing business and running enterprises, holding shares in non-listed companies, and providing assistance to relatives to invest in financial products; he interfered and intervened in engineering bidding and procurement projects in violation of regulations; he led a corrupt life and was morally corrupt; he had long been in cahoots with unscrupulous businessmen, and after retirement was still obsessed with profit, he used the convenience formed by his position and power to make profits for others in credit approval, mineral development, etc., and illegally accepted huge amounts of property by accepting and purchasing real estate at a low price, transferring equity at a premium, etc.; he issued loans in violation of state regulations, abused his power to rent office buildings at high prices, and caused major losses to state-owned assets.

In accordance with the "Regulations on Disciplinary Punishment of the Communist Party of China", the "Supervision Law of the People's Republic of China", the "Administrative Punishment Law of Public Officials of the People's Republic of China" and other relevant regulations, after research by the Party Committee of the Bank of China, it was decided to expel Guo Moumou from the party, cancel his retirement benefits according to regulations, and confiscate his illegal gains.