Kelon Chairman Gu Chujun previous reports of the letter to the Central Discipline Inspection Commission
Editor's note: the case of another 2 days to go Gu Chujun trial, the following is a report just received the letter **.
Abstract: dozens Greencool companies have closed down, nearly ten thousand employees have been or will be laid off, I am wholly owned French auto parts company (European Pipeline Co., Ltd., employs 289 people, for Peugeot cars auto parts) has been in bankruptcy protection, which are I need to come forward to save. Greencool on the work of the Group, the National Federation is anxious to interfere in case the Central Commission for Discipline Inspection as soon as possible, conduct a thorough investigation Fan Fuchun, Liu Xingqiang facts of the crime, to restore our freedom, to protect the legal justice, Do not go to waste of social wealth protection, Fan Fuchun and Liu Xingqiang to justice as soon as possible to maintain party discipline and state dignity.
Central Discipline Inspection Commission complaint letters
respected leaders:
My name is Gu Chu Jun, Guangdong Kelon Electrical's former chairman, I was July 27, 2005 left to my relatives in Guangdong Securities Regulatory Bureau reported a major corruption cases reported to the Secretary Liu Xingqiang letter. My lawyers told me, when I was in detention, being by my family will be appointed to this complaint letters submitted to the leadership of your comrades there. In order to facilitate comparison, the letter is attached as an annex to the report of a seal. This is my second letter complaint letters, is the report of the China Securities Regulatory Commission (hereinafter referred to as the CSRC Council) Vice Chairman Fan Fuchun, and Guangdong Securities Regulatory Bureau of China Securities Regulatory Commission (hereinafter referred to as the Guangdong Securities Regulatory Bureau) The Secretary Liu Xingqiang corrupt crimes.
2006 年 6 16, there is a conscience in the China Securities Regulatory Commission staff, he expose my father sent the letter, which reads as follows: the truth, hoping to help Kelon a just solution to the case. Kelon Electrical will initiate an investigation by the Securities, the securities will be completely without internal procedures, but by Liu Xingqiang individuals to apply for information to initiate an investigation Kelon, direct delivery to Fan Fuchun, vice chairman and Fan Fuchun just one signature, and then to be in the name of the State Department reported. Liuxing Jiang material is handed directly to the President of the Fan. a conscientious staff of the Commission. June 2006 十六at. I know all the facts to report to you, this fact clearly described a grim truth:
strict rules of the China Securities Regulatory Commission, all routine inspection and found all the issues, must be recorded in the correction to all in the first draft of the report. But Kelon correction to the contents of the draft report is definitely out of Kelon Electrical China Securities Regulatory Commission to initiate an investigation within the audit process. Liuxing Jiang and Fan Fuchun know this, so they can give false Kelon Electrical Guangdong Greencool 276 million secured letter of false accusation, and accordingly made up a false application, carrying the Guangdong Securities Regulatory Bureau and the China Securities Regulatory Commission and all other leaders and staff, by Fan Fuchun private signature. he used his right to private, to submitted on behalf of the State Council, China Securities Regulatory Commission to cheat the State Council's approval. and then again by Fan Fuchun other China Securities Regulatory Commission Chairman and Vice-deception, and leaders say the case is the central head of Kelon to pay the law. Thus, the central directorate for Fan Fuchun submitted on behalf of investigators, the implementation of Kelon Electrical investigation. Fan Fuchun and Liu Xingqiang is cheating in this way to avoid the two China Securities Regulatory Commission to initiate an investigation on a company's strict approval process, and reached for Kelon Electrical The purpose of the implementation of criminal investigation.
Fan Fuchun is the use of this approach in the production and marketing season for Kelon Kelon to initiate an investigation, and do not notice Xu Kelong Electrical Appliance is to initiate an investigation and charges of the specific content of .2005 January to 4 months Kelon sales average growth of 32% over the same period, May 1 to May 7 holiday retail than doubled over the same period in 2004. By this time the operational status of Kelon who is very healthy and good .2005 May 10, the SFC is required to initiate an investigation without notice Kelon Xu Kelong The company also announced to initiate an investigation on allegations of drugs. finally led to know the truth not only accept bank loans, supplier payment runs, resulting in the June Kelon Electrical mid-cut, the country lost more than 5 million of revenue, huge losses to Kelon year two, three billion, 35,000 employees and make Kelon Kelon brand was badly damaged. Fan Fuchun, Liu Xingqiang this type of initiative dereliction of duty has also exposed the huge bribes they accept a company the truth of crime.
details of the letter will expose them to report the truth.
leaders in order to save time, I am here to report information on the first letter came to light Liu Xingqiang the contents of the re-extracted as follows (see Annex I).
2004 年 12 1st, Guangdong Securities Authority to 276 million letter of guarantee issued by the issue to the inquiry of Kelon, Kelon actively cooperate with, the final investigation clearly The 276 million of guarantees do not exist.
2004 年 12 1st, Guangdong Kelon Electrical Securities Authority for an inquiry letter, this letter requested Kelon Electrical answer, whether from the Guangdong Kelon Electrical Development Bank, the first Second, out of a sales department the amount of 276 million letter of guarantee or letter of inquiry did not ask for whom security, while several other listed security, are asked for whom security, he incurs the Guarantor name, which is one of this strange place. such a large amount of guarantee the case, why not find out whom secured in advance. This guarantee amount equivalent to RMB 23 billion yuan, Kelon Electrical secretary received the Board of Directors closure Inquiry that event is very significant, immediately to Liu from the dream of President of the report, Liu from the dream is also the vice chairman, Liu from the dream immediately telephoned me and I think this is very significant, requiring Liu from the dream in person to the Guangdong Development Bank, the second business department thoroughly investigated the matter . Liu immediately from the dream to the business department of the Guangdong Development Bank, the second survey results show that Kelon had never been out of a 276 million of any letter of guarantee, this is something out of nothing, Kelon Electrical 12, 2004 Board of Directors 4, ie 3 days after the reply letter to the Guangdong Securities Authority to immediately report any of 276 million does not guarantee, together with the Department of Guangdong Development Bank official seal the second proof of business. This report is a routine inspection to group, now, this has been very clear. Guangdong Securities Authority and no further inquiry the matter, in accordance with the practice of Guangdong Securities Authority, we believe that this matter has ended. and we also believe that this is very simple, no is no, There will be no ambiguity and misunderstanding. and China Securities Regulatory Commission for correction to the draft report is 25 January 2005 given that the draft report made no mention of this guarantee. then this indicates that the guarantee is not present, the The facts are clear.
things worsened, and Liu Xingqiang to unwarranted charges of 276 million guarantee, reported China Securities Regulatory Commission, the application of Guangdong Kelon Electrical approval process to initiate an investigation. Kelon Electrical violations without being told what charges circumstances, suddenly opened investigations.
2005 年 2 months, Guangdong Securities Authority Secretary Liu Xingqiang still 276 million this security trumped charges, reported to the CSRC, the application of the criminal investigation of Guangdong Kelon Electrical the approval process. and Guangdong Securities Authority April 5, 2005 notice of Kelon Electrical criminal investigation, only that alleged violations of securities laws Kelon was a criminal investigation. in accordance with the requirements of the Securities Act and must report a violation of the person being investigated That a Securities Regulation, the person being investigated should have the right to know. securities in the past to initiate an investigation is announced, all that was suspected of a violation of that, but only when you initiate an investigation Kelon Electrical notice, the securities will be asked to not allow us to notice the specific charges of the Shenzhen Stock Exchange . Kelon Electrical Board of Directors announced in the May 10 was to initiate an investigation, require the notice to May 10 only, the SFC routine inspection of all the inspection results of Kelon, but the Shenzhen Stock Exchange received notification of the Commission not to notice . clearly show that the charges used to initiate an investigation by the ghosts, guilty conscience. until July 26, 2005, I see direct evidence of this event, so I immediately write this complaint letters, hoping to Liu Xingqiang this lawless corrupt elements justice .2005 July 26, I went to the Hubei provincial office building, destination CPC Central Committee, secretary of Hubei Provincial Committee, Comrade Yu Zhengsheng report Xiangyang Automobile Bearing Co., Ltd. (hereinafter referred to as shares of Xiangfan-axis) of the shares assignment, Secretary Yu told me that in the end of April 2005, His license hsiang axis of shares to call a matter of equity transfer Shang Fulin, Chairman of the SFC, why hsiang axis delay the transfer of shares granted, yet President said that because Kelon is to initiate an investigation, Secretary Yu asked what the problem is that Kelon hsiang axis of the equity transfer, is still said to check and then call back. A few days later, still to the Secretary Yu back saying, Kelon case because involving more than 20 billion yuan to Greencool security issues, the big case. By this time, I was to initiate an investigation clearly Kelon, which specify the charges actually 276 million in guarantees, and this is a trumped-up charges, And I gave Guangdong Securities Authority December 4, 2004 reply letter is no such guarantee has been fully clarified, it is clear that the Secretary of Guangdong Securities Authority Liu Xingqiang hiding our December 4, 2004 of the replies, still as charges will be submitted to China Securities, then this application to initiate an investigation of Kelon, and obtained the approval of China Securities Regulatory Commission.
in the securities laws, the criminal investigation and routine inspection is not the same. initiate an investigation is a kinds of punishment is a punishment of listed companies, there must be certain evidence can initiate the investigation. initiate an investigation of a listed company may be fatal, because the criminal investigation is to notice, once the notice, all banks will release risk Tip, do not take no credit, it may well lead to a collapse of large corporations in one night, so the listed company to initiate an investigation is a very serious punishment. Therefore, the China Securities Regulatory Commission to initiate an investigation of any business is very serious , a set of strict control procedures. Therefore, it is certain that the security of 276 million, said the China Securities Regulatory Commission to initiate an investigation through the approval process must have a formal complaint letters, and must be reported to real name letter. if only by an anonymous complaint letters to initiate an investigation of Kelon Electrical It would be unheard world.
Therefore, thorough investigation of the case as long as the letter to this report, you can know who to report, why should false accusations Division Long electrical appliances. We have 4 December 2004 replied to the reply letter Guangdong Securities Authority, therefore, Liu Xingqiang as Secretary, he must immediately report that to this letter is false, is a letter of false accusation. He not only letter to this false accusation reported in February 2005 China Securities Regulatory Commission, the filing of Kelon Electrical investigation, he also concealed the China Securities Regulatory Commission to our December 4, 2004 the formal feedback. This is not only a serious dereliction of duty behavior, and exposure and there are a carefully planned conspiracy. The plot is to destroy the Kelon to achieve low-cost or no money to buy my strong equity objectives. Otherwise, I and Liu Xingjiang at the end of April 2005 before never seen even the surface, but can not say any personal grudges. He braved the risk of such a big to do it, in addition to interest-driven, but no reason can be explained. Therefore, if a thorough investigation on the 276 million to this complaint letters guaranteed to know the truth. Liuxing Jiang is probably behind this letter, at least he is also the major players, must have a significant interest. weird, questions abound, but also very thought-provoking. Why just to have a Secretary of Guangdong Securities Regulatory Bureau, you can manipulate a Board, Liu Xingqiang this person alone a fabricated complaint letters, coupled with his jumping up and down, can the China Securities Regulatory Commission to initiate an investigation of Kelon Electrical.
I April 2005 to apply to the CSRC to Beijing, hoping to initiate an investigation on the extension of Kelon after the production season is September, when sales peak Kelon has passed, Kelon will have more than 40 million accounts in cash, to repay all the bank loans and payment of all suppliers. CSRC Department of Listed Company Supervision Division II Director Cheng Xu Lan, and she received me on the spot to answer me, this requirement is acceptable, let me write applications for the woman. The next day I went to see her, she suddenly will not let me see her, let me put the application on the pick-up area, never been heard of. this is difficult to understand. Guangdong Province in mid-May that a government policy paper calling for the end of China Securities Regulatory Commission to initiate an investigation as soon as possible, and the output of Kelon's positive news, so that Kelon to cope with a run on banks and suppliers. Guangdong Provincial Finance Office in May 2005, Xiao front of my face, said: hello, 30,000 more than the entire enterprise is to the dead. I never understand why only one Liu Xingqiang jumping up and down, the CSRC will be able to make such a famous Kelon has over 30,000 employees in a company investigation. in accordance with the Securities Regulatory Commission, to initiate an investigation of a listed company, Chairman of China Securities Regulatory Commission to go through the office will be voted, why Liu Xingqiang a false complaint letters alone, you can vote for President's office will initiate an investigation of Kelon's it? July 4, 2006, my lawyer showed me a conscientious letter of the Commission staff report.
being held before I learned in my facts, I finally understand, Fan Fuchun Liu Xingjiang and the crime that is the truth of the matter .
The staff of conscience to expose the facts are very real and, therefore, very important. Now, I know for a fact I will be leading the Commission to report as follows:
a 2005 3 mid-May, Kelon Electrical president Liu from the dream for official business reasons from Huanggang, Shenzhen to Hong Kong, to leave the country, was the border police was stopped, the police told him that he had been restricting the exit, Liu from the dream immediately reported to me, I feel very strange. Then someone reminded me that this is not the SFC dry, I said it was impossible, because the securities regulatory bureaus of Guangdong Kelon's routine inspection is over, and in January 25, 2005 issued a correction to the draft report , first draft of the required Securities Regulatory Bureau of Guangdong Kelon Electrical rectification within a time limit to answer the views, we have time to answer. Guangdong Kelon Electrical Regulatory Bureau of the standard inspection of the NIE, Deputy Director Wang has to communicate with us twice, differences of opinion on the rectification is narrowing . In such circumstances, how suddenly the SFC issued restriction Kelon executives exit decisions? However, I still and Kelon's financial results, Vice Minister Yen-Ru rushed together to find NIE, Deputy Director of Guangdong Securities Regulatory Bureau, talk with us another staff member there. I bluntly asked Deputy Director of NIE, is not of course include the China Securities Regulatory Commission Securities Regulatory Bureau of Guangdong Kelon executives on the implementation of exit restrictions, I emphasize, according to Chinese law, to restrict exit measures, the parties should be informed in advance of facts and reason. Therefore, the Chinese Securities Regulatory Bureau to restrict exit measures, must notify us.
Nie denied the spot, said it was not their doing, not doing China Securities Regulatory Commission, because of Kelon inspection results, have all been written in the rectification of the draft report on the China Securities Regulatory Commission, the question is how Kelon rectification of the problem, it will not take more coercive measures.
I emphasize asked Nie Deputy Commissioner, you have not found any more serious problems and no comments on the draft of the rectification, the rectification and it is those opinions, which is not on the issue, resulting in limited Kelon executives exit.
Vice Nie Director immediately declared: We found that all questions have been included in the correction to the draft report in a. in accordance with the provisions of the Commission, we all found the problem, must be placed in the correction to the draft report, If you have any questions not put to words, we serious breaches, it will be processed, it is necessary laid off! (SFC in order to prevent corruption problems within the staff of all the problems found in the report are asked to write the first draft in Otherwise, for bribery deal.)
I immediately went on to ask the next question, according to your requirements, the first draft of guidance on the content of the rectification is not a constraint Kelon executives are leaving the country level.
Nie Deputy Commissioner Long clearly said: long as we have a clear answer, said: After calling the Director told us, talk to the governor to find Liuju Chang, now on the road, see.
Nie Deputy Commissioner to take us out, they also want us to know other departments to understand and reaffirmed the Commission is not doing it.
later to reveal the truth, we know, once the China Securities Regulatory Commission passed a criminal investigation that listed companies, while company executives will be leaving the country to take measures to restrict. Therefore, when Liu exit from the dream is limited, the China Securities Regulatory Commission has approved a criminal investigation Kelon, and then deal with the case of the NIE Kelon Deputy Director Wang is still the standard knowledge. Therefore, the filing can be sure of Kelon the investigation request, Deputy Director of the NIE is not specifically proposed by the panel handling the case, but Liu Xingqiang own private dry. routine inspection of major problems reflected the need for further criminal investigation, investigators should submit an application is consistent with the provisions of Sub- The. Liuxing Jiang carrying inspection team, the Guangdong Securities Regulatory Bureau name without permission, the application to initiate an investigation of Kelon, a serious law violations.
Liu Xingqiang carrying case handling Kelon Group, to be sure, he is so dry all carrying the whole of Guangdong Securities Regulatory Bureau. because, if a deputy director Liu Xingqiang discuss any matter, then in accordance with the duty of the Deputy Secretary, investigators should look for detailed understanding of the situation, investigators will tell of course, the vice Secretary, only the draft report, according to correction to the problem is does not constitute Kelon to initiate an investigation. in accordance with the Deputy Director Nie said he has found in accordance with the provisions of the inspection are listed all the problems to the correction to the draft report consideration. So, according to correction to all the problems found in the draft report does not constitute Kelon is a criminal investigation, and Liu Xingqiang out 276 million is not guaranteed to make false accusations, deputy director of the letter agreed to initiate an investigation of Kelon because, just ask the deputy director Wang Nie standard, to know that 276 million secured letter of false accusation is false. can be seen, a person is Liu Xingqiang mischief, he is afraid to let others know the Guangdong Authority this is not see the sun.
Chairman Shang Fulin, according to Yu Zhengsheng, secretary and call, Liu Xingqiang Kelon is a guarantee for the 276 million Greencool false evidence to initiate an investigation as the application of Kelon, and this false counts in the Deputy Director Wang Nie Kelon standard case is to pass the group handling the case. Because they know Kelon in the December 4, 2004 the official reply letter, this letter is accompanied by business department of the Guangdong Development Bank, the second proof of the official seal, So Nie is deputy director of the investigation team is a false accusation that 276 million, is false. So Liu Xingqiang is not used Guangdong Securities Regulatory Bureau and the China Securities Regulatory Commission to apply for formal channels to initiate an investigation of Kelon.
Therefore, That conscientious staff of the Commission personally testify Liu Xingqiang Kelon to initiate an investigation of the application materials submitted to Vice Chairman Fan Fuchun authentic. I understand that charges include two points:
First, there is no means Liu Xingqiang Guangdong Securities Regulatory Bureau turned over through the official channels to initiate an investigation on the application for Kelon.
Obviously, Liu Xingqiang secured using false evidence of 276 million, the bureau can not see the light internally. because, in November 2004 Securities Regulatory Bureau of Guangdong Kelon Regular inspection is over, and found no big problem. Liuxing Jiang was not found problems with the criminal investigation of Kelon, so he planned a letter on Kelon on Greencool 276 million secured letter of false accusation, and on December 1, 2004 began his criminal actions, but Kelon soon in December 4, 2004 letter to refute the false accusations to this, Liu Xingqiang only shirtless, carrying the entire Board, is still framed with a letter to this report Fan Fuchun in private to find, so Fan Fuchun approved Kelon's criminal investigation in order to achieve the purpose of grabbing my options. That conscience Commission staff discovered the letter in person to testify Liu Xingqiang Kelon material to initiate an investigation to Fan Fuchun, is completely true credible.
its second meaning refers to Liu Xingqiang Guangdong Securities Regulatory Bureau not only failed to take the formal channels, it did not take the Beijing headquarters of China Securities Regulatory Commission informal channels.
usually initiate an investigation of an enterprise application should first headquarters in Beijing by the China Securities Regulatory Commission within walking program. I went to Beijing to report to the China Securities Regulatory Commission, the Commission to the Department of Listed Company Supervision Division II Director Cheng Xu Lan receive me. Therefore, it is certain securities regulatory bureaus of Guangdong Kelon criminal investigation should be the first to apply Lan Cheng Xu to the Director of the Department, then by the Department of consent and then submitted to the Department of Listed Company Supervision, the Ministry of consent by the competent only after the Vice-Chairman Fan Fuchun. It now appears that Liu Xingqiang not been the same two steps above reported. Later, because the process where the two threads of wool Lan, Deputy Director, to initiate an investigation into Kelon in the work, and we therefore recognize the hair Commissioner. Mao Director is a very serious person, but to see if a Green Kelon Cole secured 276 million is a very simple matter, he gave a call Nie Wang marked on it, he can find to understand the Guangdong Development Bank. This is a very easy to figure out something this stupid Liu Xingqiang 276 million secured false evidence can not stand the simple survey, Mao did not clarify whether the Commissioner is not very easy to figure out the evidence on the sign agreed to initiate an investigation of Kelon, and he dare not take this responsibility . Cheng Director who is also a very honest, I can not believe she is not clear evidence in the case of this responsibility .2005 early April I went to see when the Director Cheng Xu Lan, and even the Director of Kelon rectification process views have not had seen the draft report, but according to my opinion about the rectification of the contents of the draft report, the first to know these things. shows April 5, 2005 before the blue thread of this process is not involved at the criminal investigation of Kelon research, it is easy to verified, the Central Discipline Inspection Commission can certainly identify it.
Liu Xingqiang without supervision if the two, while the criminal investigation directly to the application of Kelon material to the Supervision Department of China Securities Regulatory Commission, then The Department will also be transferred to the process of the material of this thread at the blue review. The Minister is to Yang Hua, Vice Minister of the Department there was a returned overseas student, I was the cause of Kelon was to initiate an investigation, I more times to the Department approached them, I remember that I've seen their minister Yang Hua, and two other deputy ministers, including Deputy Minister of returnees who. I think, April 5, 2005 before they have had any contact with the case, I mainly seen them in mid-April, they Kelon unfamiliar circumstances of the case, I have mentioned can certainly be thoroughly investigated. Therefore, I am sure that before the April 5th Division did not review them all Long initiate an investigation of the material, I'm sure they are all professionals, they will not post false information to supplement these, I believe they will not bear the responsibility for this. So be sure, Kelon material to initiate an investigation has not been pre- have heard in this sector and verification.
Therefore, conscientious staff who's discovered the letter, holding on to testify Liu Xingqiang Kelon evidence to initiate an investigation directly to the Fan President, without going through any procedures the Commission completely true.
II conscientious staff who discovered letter, evidence Fan Lau, Chairman of the materials received after the Commission did not take the formal procedure, but in private signature, and private, to the CSRC name, reported to the State Department, which is entirely correct.
Fan Fuchun get the material, if the SFC's internal formal procedures to go through, then it should be to his secretary put these materials to the Department of Listed Company Supervision, the same also from the way that at the beginning of the verification blue thread, and then reported up layer by layer, according to the analysis above, it is clear from these programs do not come.
Have Fan Fuchun Liu Xingqiang then the material discussed at the meeting to get President's office and vote on it?
1, Liu Xingqiang material is obviously not complete, it is not above the China Securities Regulatory Commission the views of the Department of Listed Company Supervision, this is not difficult to complete the material discussed at the meeting in the President's office and vote.
2, I hire local lawyers Mr. Wang Xiaojun, Wang lawyers have directly to the secretary of the China Securities Regulatory Commission to find Ji Jianwei Li Xiaoxue, Wang lawyers out of the draft report of Guangdong Securities Regulatory Bureau rectification to him, he said that the filing is not far enough investigation, Secretary Li said it is very strange.
Li Xiaoxue certainly know the routine inspection of all the problems, should be recorded in the correction to the draft. In addition, there should be anything else, if There also is some evidence that secured 276 million on the evidence, then this should also appear in the correction to the first draft of the report, if there really 276 million guarantee, then the team is handling the case must identify the problem. that is, said that if 276 million of the guarantee is true, then it will appear in the rectification of the draft report which, otherwise, simply does not exist 276 million in guarantees.
Li Xiaoxue As a senior Commission official, Li Xiaoxue do not believe what a routine inspection of the draft opinion evidence exists outside of the rectification. Similarly, in the President's office at the meeting, all persons attending the meeting are senior experts, of course, their ideas will be the same with the Li Xiaoxue will 276 million have evidence secured outside of the correction to the draft. Fan Fuchun is not touch the nail, so be sure not to get our Fan Vice President's office to discuss the meeting and vote.
3, from Yu Zhengsheng is still chairman and secretary of the call can be seen that the President still do not know the end of April 2005 to initiate an investigation Kelon thing, so this is something very strange piece. Usually the China Securities Regulatory Commission to initiate an investigation of an enterprise and do not need to consult the State Council, if Kelon is because the Chinese famous enterprises to enjoy the honor, then, the SFC to play safe, and referrals to the State Council, then, prior to the State Department to consult, or at least should first report to the President yet. around President is still open and direct referrals to the State Council, is a very strange phenomenon. There is only one possible report to the State Council Fan Fuchun, not because safe, not because of their differences and decided to come down, but to deceive the State Council, approved by the State Council fraud and thus can cause the Commission Vice-President and other handling of a cross-head illusion, and to bypass the normal procedures of the Commission to achieve the purpose of initiating an investigation directly to Kelon. It also caused other people dare not go into effect, to application materials to conceal their vulnerability.
4, if for Kelon is a famous Chinese enterprises, and allowed to enjoy the State Council approved the and listen to views of the Guangdong Provincial Government should always be in it. It can be seen from the above, the Guangdong Provincial Finance Office, Xiao known words: Great things do not say hello, thirty thousand people will be the whole business is dead Kelon issued on the positive news, but the Commission also made no answer.
5,2005 Kelon on April 5 to initiate an investigation by the SFC, the SFC did not specify the charges. I certainly want to find out how the it happens, a friend helped me to a China Securities Regulatory Commission asking the Director. At one point, with the tea, the Director said that he felt very strange, he can not find out about the meeting the President's Office records. At the meeting, head of rumors Kelon case is a cross-case handling, but also in handling cross-heads not find any records, so he finally found Kelon is because there is no reason to be to initiate an investigation. He believes that it is very not normal. because the April 5, 2005 after Kelon are beginning to initiate an investigation, while the criminal investigation is usually to notice, and must publish a notice for any reason is a criminal investigation. Therefore, in the criminal investigation began after the did not find out why, he said he had never seen such a strange case.
three, July 26, 2005, when I, when reporting to the secretary Yu Zhengsheng, Yu Zhengsheng, secretary of the passage at that time is now also recall important, Secretary Yu said: The case was assigned head of the case, yet the President will be personally supervised, he could not know the facts of the case that only answer to check. Therefore, the case is not the case assigned by the central directorate. Later, I talk with the friends from this, he said, Secretary Yu's words are correct, the case assigned by the central directorate, sure to top-level officials, will not go to leapfrog to the following.
Fourth, in Liu Xingqiang Kelon criminal investigation on corruption and dereliction of duty major, the Vice-Chairman Fan Fuchun what role to play in the end it?
Fan Fuchun, as Vice-Chairman of the Commission, and he also keeps speaking to regulate the securities industry, just like the Chinese securities industry itself as the guardian of people, then the Fan Fuchun should know that law enforcement should first be a model for the law-abiding. If so, Fan Fuchun Liu Xingqiang received to initiate an investigation on Kelon material to be handed over to the Department of Listed Company Supervision, at the following instructions to deal with, in the comments below reported that up, and then to the President's office meeting to discuss and decide.
Fan Fuchun now not only the material according to the procedure to Liu Xingqiang of Listed Company Supervision of delivery and processing, and would not let President's office to discuss the meeting and vote, even worse who is still President Fan not to report the matter, he personally signed without authorization to private, to report the name of the State Council, China Securities Regulatory Commission, which is not only a serious violation, and he has committed a crime of dereliction of duty.
Fan Fuchun is Senior Commission senior officials, ego is a veteran of the Commission, and have reached retirement age, Fan Fuchun knowingly breaks the law a serious matter and may even lead to his ruin, in jail, why did he do also play tricks on their brains to help Liu Xingqiang ? In addition to this interest-driven, the addition of any explanation will be pale. Liuxing Jiang, Fan Fuchun Kelon carefully planned to initiate an investigation the case in China, national staff and senior cadres of our party in the history of corruption and crime, the criminal case is the highest wisdom, case is the most cunning.
five, as the Commission in the staff who have a conscience and the mystery has finally opened the case, I can now describe the Central Discipline Inspection Commission leaders a complete picture of the whole case.
Liu Xingqiang To help a payer, I Kelon's share hostile takeover bid, the first arrangement of Kelon's routine inspection, I was already feeling ill intent, but finally did not find any problems Kelon in the end, ...
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