The former boss of ZH and 2000000000 sentenced to 14 years for fraud and other crimes had 3 jailed o

JINGWAH

Cheap MLB Jerseys times dispatch (reporter Sun Siya) the reporter learned yesterday, Shenzhen Airlines Co about 2000000000 yuan of funds misappropriated case, the high court final judgment. Shenzhen Airlines former senior adviser Li Zeyuan by the court was zh actual controller to the crime of misappropriation of funds, was sentenced to 10 years in prison, during the probation period for the crime, the court will not executed before the crime penalty Cheap hats punishment, decided cheapjerseys.com to implement a period of 14 years. The remaining 5 executives were sentenced to 6 years in prison to be exempted from criminal punishment ranging.

Li Zeyuan this year 57 years old, his half life and illegal crime. In 1979, 22 year old Li Zeyuan for stolen goods crime and was sentenced to 2 years in 1988, because of the crime of fraud and sentenced to 3 years, in 1994, and convicted of forgery, fraud, the crime of smuggling was sentenced to 15 years in prison, convicted in January of 2003.

court found, in 2005 March, Li Zeyuan established the Shenzhen huirun Investment Co. Ltd. and the company holding 89%. In April the same year, Li Zeyuan to Zhao Xiang as the department run the legal representative of the company, and Li Zeyuan holding, Li Zeyuan is still the department run the company's actual controller.

2005 May to November, Hui run company through cooperation, joint bid, from Chongqing LONCIN Holdings Limited, financing 20 million yuan, and the auction actually obtained the Guangdong Province wide control group limited company holds 65% stake in Shenzhen airlines. Cheap football jerseys

2005 November, the Department of run company recommended, Zhao Xiang, Xu Haiwei, Liu Wenbiao et al as zh directors, Zhao Xiang was elected chairman of the board, Li Zeyuan served as senior adviser to deep navigation and become the actual controller. In 2005 December, Li Kun was appointed as the general manager of zh.

zh equity transfer payment and return from the acquisition of Shenzhen Airlines equity generated huge debts, in 2005 December, Li, Zhao Xiang, Xu Haiwei 泽源 through premeditated, misappropriation of ZH buying into hotel project funds 600000000 yuan; in 2006 April, 3 people and misappropriation of deep boat Chongqing investment "Chun Yi first river" real real estate project funds 300000000 Yuan; 2006 June to July, Li Zeyuan, Zhao Xiang, Li Kun, Liu Wenbiao, Xie Yun double the premeditated, misappropriation of ZH prepaid lease aircraft fund 1020000000 yuan. Afterwards, huirun company return deep boat 1170000000 yuan. 2006 September to 2007 July, Li Zeyuan personal misappropriation of deep boat 110000000 yuan of funds to purchase Guangzhou Airport Residency project used huirun company debt.

after the trial, the court found Li Zeyuan, misappropriation of ZH funds constitute the crime of misappropriation of funds, to embezzlement and sentenced Li Zeyuan to 10 years in prison, not executed before the period of 5 years in prison for 7 months and 6 days, with the execution of 14 years in prison; the 5 people such as Zhao Xiang received a sentence of 6 years to be exempted from criminal punishment.

Li Zeyuan appeal. Shenzhen chairman Xu Haiwei, general manager Li Kun, vice president and chief financial officer Xie Yun double also appeal.

high court hearing that, the first instance Cheap NFL Jerseys court ascertained that the facts are clear, the evidence is true.