税务稽查牵出前高管购买巨额保险细节，交大昂立“民转刑”不予立案

Core Viewpoint - The company, Jiao Da Ang Li, is involved in a legal case against five former executives for allegedly harming the company's interests through illegal insurance purchases and tax evasion practices [2][10]. Group 1: Case Details - The company discovered irregularities in insurance payments totaling 12.84 million yuan (approximately 1.28 billion) made in 2018, which lacked the required insurance contracts [2]. - The former executives, including Yang Guoping and others, are accused of purchasing large insurance policies and subsequently cashing out through refunds to their personal accounts [4][10]. - The company reported that similar practices occurred in 2016, with insurance payments amounting to 3.8 million yuan (approximately 0.38 billion) [2]. Group 2: Legal Proceedings - The company filed a criminal report with the Shanghai police, which was not accepted for further investigation, prompting the company to seek administrative review [3]. - Legal opinions suggest that the actions of the former executives may constitute embezzlement and violate company laws, as the insurance purchases were not approved by the board or shareholders [10][11]. Group 3: Financial Transactions - The first insurance contract was established in October 2016 with a total premium of 3.8 million yuan (approximately 0.38 billion), and the executives received refunds totaling 3.79 million yuan (approximately 0.38 billion) after cancellation [5][7]. - In 2018, the company made additional insurance payments exceeding 10 million yuan (approximately 1 billion) to another insurance provider, with subsequent refunds being funneled back to the executives [8][9]. Group 4: Governance and Compliance Issues - The company failed to disclose these significant transactions in its annual reports, which is a violation of disclosure regulations for publicly listed companies [11]. - The case highlights potential governance failures within the company, as the former executives allegedly exploited their positions to benefit personally without proper oversight [12].