The fourth chairman of Jilin Trust fell off his horse, what are the underlying reasons besides personal quality? | Fallen_Sina Finance_Sina.com



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Original Title: The 4 Presidents of Jilin Trust Are All Below What are the underlying reasons besides personal qualities?

Cao Junming / Central Commission for Disciplinary Inspection and State Supervision Commission website

On September 27, the website of the State Supervisory Commission of the Central Commission for Disciplinary Inspection issued a message saying that “Tai Ge, Secretary of the Party Committee and Chairman of Jilin Province Trust Co., Ltd. , is suspected of serious breaches of discipline and law, and is currently undergoing disciplinary review, supervision and investigation, “which raised widespread concern.

Before Tai Ge, the Jilin Trust had lost three consecutive presidencies. Zhang Xingbo, the first chairman of the board, was arrested on suspicion of taking bribes in 2007 and sentenced to death with a suspended death sentence. Gao Fubo, the second president, took over the vacant position in June 2007, resigned as president in 2015, and was investigated in December 2018. The third president, Li Wei, took office in October 2015, but was removed in two years. . After almost a year of vacancy, Tai Ge took office in June 2018 and this time he became the fourth chairman of the board under investigation.

The four-term president of the trust company has been successively investigated, reflecting certain common problems. Zhang Xingbo said in his confession that he felt he was the “top leader” of his unit, that he was well versed in the accounting business, and that he should be able to do things without knowing it. According to the staff in charge of the case, the second president, Gao Fubo, was meticulous and used his financial knowledge to cover up his illegal activities with a legal cloak, evading the supervision of the China Banking Regulatory Commission and other departments. Li Wei, the third chairman of the board of directors, thinks he is smart and has opened the “Pandora’s box” of material desire with confidence.

To avoid organizing investigations, they adopted various covert methods, such as holding shares on behalf of others, registering real estate in the name of others, accepting shares, agreeing to withdraw cash after retirement, accepting charges and handwriting, and investing illegal profits in the capital market. to hide their violations. Criminal facts. However, in the face of the relentless attitude of the disciplinary inspection and oversight agencies and their professional review and investigation capabilities, they ultimately failed to escape the sanctions of party discipline and state laws. As Gao Fubo said in an interview, “People are doing it and the sky is watching. There is nothing mysterious. As long as the organization wants to investigate, everything can be discovered. Never get lucky.”

After the three previous terms were investigated, Tai Ge was removed from office. There was not only the personal quality of the cadres, but also the lack of internal governance and external supervision. How to effectively manage the power of the “top leaders” of financial institutions and promote the construction of a good political ecology deserves deep consideration. To deepen anti-corruption work in the financial sector and prevent and deactivate financial risks, including trusts, we must persist in moving forward as a whole without daring to corruption, without wanting to be corrupt and without wanting to be corrupt, controlling people, maintaining the money and strengthening the system firewall. “Managing people” means controlling the top managers of financial institutions and financial supervision departments and middle and senior managers, strengthening their education, supervision and management, and strengthening anti-corruption efforts in the financial sector. “Controlling the money” means using modern technology and payment and settlement mechanisms to dynamically monitor domestic and international capital flows online and offline in a timely manner, so that all capital flows are under the supervision of regulators financial “Strengthening the system firewall” means improving the system of financial professionals, financial institutions, financial markets, financial operations, financial governance, financial supervision and financial regulation, and standardizing financial operations. (The original title is “Comment 丨 The four presidents of the trust company have been investigated one after another, it is worth reflecting on the problems behind”)

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Editor in Charge: Zhang Yiyi

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