Core Points - Wang Hongyan, former president of Ningxia Bank Lijing Branch, was sentenced to seven years in prison for accepting bribes totaling 5.1328 million yuan through cash and high-interest loans [1][2][3] - The court ruled that Wang's actions constituted bribery, despite being disguised as "private lending," due to the abuse of power and unequal positions between her and the borrowing companies [3][4] - The case highlights systemic corruption and governance issues within the banking sector, particularly the lack of checks and balances in loan approval processes [6][8] Summary by Sections Case Background - Wang Hongyan served as the president of Ningxia Bank Lijing Branch from 2011 to 2019, overseeing critical functions such as credit approval and loan investigations [2][3] - She was investigated for serious misconduct in March 2024 and was subsequently detained and charged with bribery [2][3] Bribery Mechanism - Wang utilized her position to facilitate loans for five companies, receiving cash and charging exorbitant interest rates, with annualized rates reaching as high as 55.67% [1][3] - The total bribe amount included 15 million yuan in cash and 498.28 million yuan in interest from loans [3][4] Judicial Findings - The court determined that Wang's actions were a form of coercive bribery, as the lending terms were dictated by her, creating an unequal power dynamic [4][6] - The court rejected the defense's argument that the bank's status as a joint-stock entity exempted Wang from being classified as a state employee, affirming her role as a public servant due to significant state ownership [4] Systemic Issues - The case reveals significant governance flaws within Ningxia Bank, where Wang had unilateral control over the loan approval process, leading to a lack of accountability [6][8] - Following Wang's investigation, the former president of Ningxia Bank, Zhao Qihong, was also placed under investigation for corruption, indicating broader issues within the bank's leadership [6][7]
借贷为名的权力“变现”!宁夏银行丽景支行原行长受贿513万元获刑七年
Xin Lang Cai Jing·2025-04-27 11:02