Mei Ri Jing Ji Xin Wen·2025-08-05 09:37Core Viewpoint - The case of Li Yong, former Deputy Secretary and General Manager of China National Offshore Oil Corporation (CNOOC), highlights significant corruption within the company, resulting in a 14-year prison sentence and a fine of 3 million RMB for accepting bribes totaling over 67.94 million RMB [1][5][6]. Group 1: Case Details - Li Yong was found guilty of accepting bribes from 1996 to 2023 while holding various senior positions within CNOOC, leading to a total of over 67.94 million RMB in illicit gains [3][5]. - The court determined that Li Yong's actions constituted a particularly serious case of bribery, warranting severe punishment [5]. - Li Yong's cooperation with authorities, including confessing to crimes and returning illicit funds, was considered during sentencing, allowing for a lighter penalty [5][6]. Group 2: Background Information - Li Yong, born in August 1963, held multiple high-ranking positions within CNOOC and its subsidiaries, including Executive Vice President and CEO of CNOOC Services [6][8]. - He returned to CNOOC in September 2020 as Deputy Chairman and General Manager after a brief tenure at Sinopec [7]. - Following his retirement in December 2023, Li Yong was investigated for serious violations of discipline and law, leading to his expulsion from the Party in September 2024 [8].