Workflow
骆玉林,死缓!
券商中国·2025-07-14 10:40

Core Viewpoint - The case of Luo Yulin, a former deputy minister-level official of the State-owned Assets Supervision and Administration Commission, highlights severe corruption and insider trading within the Chinese government, resulting in a death sentence with a two-year reprieve and significant financial penalties [1][2][3]. Summary by Sections Corruption and Insider Trading - Luo Yulin was found guilty of accepting bribes totaling over 220 million RMB (approximately 32 million USD) from 1997 to 2023 while holding various high-ranking positions in the Qinghai provincial government and the State-owned Assets Supervision and Administration Commission [2]. - His insider trading activities involved providing confidential information that significantly affected stock prices, with the court deeming the circumstances particularly severe [2][3]. Court Ruling - The Qingdao Intermediate People's Court ruled that Luo's actions constituted both bribery and insider trading, with the severity of his crimes warranting a death sentence, which will be commuted to life imprisonment after a two-year reprieve [1][3]. - The court acknowledged Luo's cooperation during the investigation, including confessing to many of his crimes and returning a significant portion of the illicit gains, which influenced the decision to suspend the death penalty [3].