Core Viewpoint - The article discusses the case of Li Yong, former Deputy Secretary of the Party Committee and General Manager of China National Offshore Oil Corporation (CNOOC), highlighting the significant issue of cross-border corruption within state-owned enterprises, particularly in the oil sector [4][6]. Group 1: Case Overview - Li Yong was under investigation by the Central Commission for Discipline Inspection and the National Supervisory Commission starting in March 2024 due to serious corruption allegations [4]. - The case is characterized as a typical example of cross-border corruption, with over 83% of the illicit funds originating from overseas [6]. - Li Yong utilized his extensive experience in the international offshore oil sector to disguise corrupt practices within seemingly legitimate project collaborations [6]. Group 2: Investigation Techniques - The investigation employed advanced data analysis techniques to uncover evidence of corruption, including the examination of extensive business records and international cooperation for evidence gathering [9][20]. - The use of big data platforms allowed investigators to identify key business relationships and suspicious activities linked to Li Yong, leading to the discovery of significant irregularities in procurement projects [11][20]. Group 3: Corruption Mechanisms - Li Yong engaged in corrupt practices by facilitating high commissions for foreign agents, which were then funneled through offshore accounts to obscure the source of the funds [17][20]. - A notable case involved a foreign agent who offered Li Yong a "thank you fee" for securing a project, which was disguised through a trusted intermediary, Ren Fengde, to avoid direct association [15][16]. Group 4: Consequences and Sentencing - Following the investigation, Li Yong was found guilty of accepting bribes and was sentenced to 14 years in prison along with a fine of 3 million RMB [27]. - The case serves as a cautionary tale about the consequences of corruption, with Li Yong expressing regret over his actions and the loss of his reputation [29].
副部级李勇得知他人被留置后极度恐慌,想在阁楼里烧掉收受的现金