People's Congress DQ｜The Banking Management Committee and Yang Yueqiao reached a settlement agreement and the required amount has been refunded

Political situation

Written by: Wu Zhuoan

2021-03-22 22:25

The last update date: 2021-03-22 22:28

The Standing Committee of the National People's Congress made a decision on the membership of the Legislative Council in November last year. Yang Yueqiao, Guo Rongkeng, Guo Jiaqi, and Liang Jichang were immediately disqualified by the government.

In response to media enquiries, the Legislative Council Secretariat stated that after considering past precedents, legal opinions, successful recovery opportunities, legal costs involved, etc., the CBRC decided to propose a settlement proposal to the four people. After consultations, the two parties reached a settlement agreement. , The four have refunded the required funds and capital expenditure items to the Banking Management Committee in accordance with the agreement.

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Liang Junyan once said to deal with "law, reason and emotion"

The Legislative Council's Executive Management Committee held a meeting last month. The Chairman of the Legislative Council, Leung Junyan, said at the time that he would put forward a settlement proposal to the four people. Later, he would discuss the details with the four people, emphasizing that the incident would be handled with "law, reason, and feeling."

According to the remuneration arrangement for members, members who complete their first four-year term can receive about 720,000 yuan in contract remuneration.

Outsiders are concerned about whether "DQ4" needs to return 720,000 remuneration to the Legislative Council, as well as the monthly remuneration of up to nearly 1 million per person from August to October this year and the actual operating expenses of the office.

In response to media enquiries, the Legislative Council Secretariat stated that, regarding the remuneration and work expenses of the four persons who were disqualified as members in November last year, it has taken into consideration past precedents, legal opinions, opportunities for successful recovery of funds, legal costs involved, etc. , The CBRC decided to propose a settlement proposal to them. After negotiation, the two parties reached a settlement agreement. The four persons have already refunded the necessary funds and capital expenditure items to the CBRC according to the agreement.

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