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Written by: Xiaobin Huang and Weilun Huang
2019-12-18 07:46
Last updated: 2019-12-18 07:49Xu Shiren, the protagonist of the "Singapore Corruption Case" and a former Chief Secretary for Administration, which caused a sensation in Hong Kong before and after taking office, was charged by Sun Hung Kai Real Estate for providing benefits. He was convicted of three counts at the end of December 2014 and sentenced to 7 and a half years in prison. It is understood that he behaved well in prison in accordance with the "Prison Rules". After receiving a one-third reduction in sentence, he was released from prison today (18th) and sentenced to five years in prison.
At 7:45 am, a large number of media have been waiting in Stanley Prison; "Hong Kong 01" will be broadcast live.
▼ Xu Shiren's situation before going to prison ▼
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[07:45] There have been more than 20 reporters at the scene, waiting for Xu Shiren to leave prison.
Former Chief Secretary for Administration, Xu Shiren, and former senior executives of Sun Hung Kai Properties, Guo Bingjiang and Chen Juyuan, together with former senior vice president of the Hong Kong Stock Exchange, Guan Xiongsheng, were convicted of conspiracy to commit misconduct by public office and sentenced to 5 years in prison It ranges from June to June. Among them, Xu Shiren was convicted of "misconduct by public office", "conspiracy to commit misconduct by public office" and "conspiracy to provide benefits to public officials". Man was released from prison.
[Xu Shiren's release from prison] The fat corruption in the corruption case has become thinner, ranging from 210,000 meals to more than half a billion debts due to bankruptcy
[Xu Shiren's release from prison] The reputation of "Bridge King" and the "golden shackles" of the political arena has fallen
[Xu Shiren's release from prison] The case extends the "sweetness" metaphor
[Hong Kong Monetary Authority Change Coach] The person named "Xu Shiren Qizai"
[Xu Shiren's case] Xu Shiren expected to serve a total of five years in prison after his sentence was released on December 18
"Fat Dragon" squanders Bao Xiaosan and "Bridge King" has no debt to go bankrupt
During the trial process, a lot of amazing inside information emerged. The case was started by an anonymous confidential letter sent to the ICAC. The case stated that before and after the appointment of Xu Shiren as the Chief Secretary of Administration, Mr. Guo Bingjiang and Mr. Guo Binglian, the former co-chairs of SHKP, passed through the former SHKP executive director Chen Juyuan and the former senior deputy of HKEx The president Guan Xiongsheng received 8.5 million yuan and 11.18 million yuan.
Xu Shiren, known as the "Fat Dragon," paid more than seven times his official income when he stepped down as director in 2007. During the interrogation that year, his luxurious life was revealed, including Petrus, a French restaurant at the Shangri-La Hotel, Hong Kong Island. He spent HK $ 210,000 for a meal and stayed at The Dorchester, a top hotel in London, UK for HK $ 150,000. Horse breeding expenses during the year have reached 3.3 million yuan. He also confessed that he spent more than 2 million yuan to buy records within a few years, spent about 7 to 8 million yuan on wine collections, and even donated about 8.5 million Hong Kong dollars to "Shanghai Little Three" Shen Lina. After the case, the financial institution recovered debt, and he was ordered to go bankrupt for debts exceeding 57 million yuan.
Xu Shiren's official career was recognized as the "Bridge King", and the government worshipped the government's second spot. In 2017, the final appeal failed. The Court of Final Appeal ruled that he was caught in a "golden shackle", and his Grand Bauhinia Medal was seized by the government.
Xu Shiren Corruption Case Xu Shiren Guo Bingjiang New Land