Download
An ex-tycoon, convicted of illegal fundraising, had her death sentence commuted by the High People's Court in East China's Zhejiang province on Monday.
The court passed a death sentence, with a two-year reprieve. This usually translates into life in prison and is often reduced further for good behavior.
Wu Ying, 31, once one of China's richest women, has also been deprived of political rights for life and her private property has been confiscated, according to the provincial court's final judgment.
The founder of the Bense Holding Group in Zhejiang was sentenced to death in December 2009 by an Intermediate people's court in the province. She was found guilty of defrauding investors out of 380 million yuan but she had raised 770 million yuan from 11 lenders, promising high returns, from May 2005 to February 2007, the court said.
Wu still had 380 million yuan when the case was uncovered.
The court said Wu amassed the fortune by deceit and promising high returns as an incentive.
The province's High People's Court upheld the death sentence on Jan 18, but the Supreme People's Court overturned the judgment and sent the case back to the provincial court for re-sentencing on April 20.
It was not heard in public but the provincial court said on Monday's news release that all procedures had been followed.
Death sentences that are returned to the courts can be commuted directly, while those with questionable evidence or that followed incorrect procedures, must be heard by a new collegiate bench.
Wu changed her lawyer during the re-sentencing, opting for Wu Qian whom she felt was more familiar with the case.
The first four months of the year saw a massive 89 percent increase, year-on-year, in the number of cases concerning private fundraising in Wenzhou.
From January to April, courts in Wenzhou received more than half the number of cases they received for all of 2011
There were over 6,500 cases, in the first quarter, involving some 3.85 billion yuan ($608 million).
Just over 12,000 cases in 2011 involved 5.4 billion yuan.
Legal disputes concerning fundraising are increasing in frequency in Wenzhou in the aftermath of a widespread credit crisis in the city last year that led to a flight of borrowers and panic among lenders.
The court announced it has strengthened its crackdown on parties that escape financial liabilities. Wenzhou Lucheng district court has set up a finance tribunal, the first in Zhejiang province.
About the broadcaster:
Emily Cheng is an editor at China Daily. She was born in Sydney, Australia and graduated from the University of Sydney with a degree in Media, English Literature and Politics. She has worked in the media industry since starting university and this is the third time she has settled abroad - she interned with a magazine in Hong Kong 2007 and studied at the University of Leeds in 2009.
一年级英语上册Unit8 Playtime 第三课时教案
上海牛津版一年级英语下册Unit3 Colours教案(1)
一年级英语教案Module1 unit6 Mid-Autumn Festival
牛津版一年级英语上册unit5 Fruit教案(1)
新起点小学一年级英语教案Unit7 Fruit
小学一年级英语下册Unit2 Small animals教案1
牛津小学一年级英语Unit5 Fruit教案(五个课时)
牛津版小学一年级英语上册Unit1 Hello教案
沪教版小学英语一年级下册教案unit1课时2
沪教牛津版一年级英语上册教案Unit1 My classroom第二课时
上海版牛津一年级英语教案 Unit 3 My abilities
牛津版一年级英语上册Unit 2 Good morning 教案
一年级英语上册教案 Unit 1 第二课时
沪教牛津版小学英语一年级上册 Unit 3 第二课时教案
上海牛津版一年级英语下册Unit9 Revision第一课时教案
沪教版小学英语一年级下册教案unit1课时1
上海牛津版一年级英语下册Unit2 Small animals教案
新起点小学一年级英语下册Unit11 Toys教案
沪教版小学英语一年级下册教案unit1单元分析
沪教版小学英语一年级下册教案unit1课时4
一年级英语上册教案Unit1 My classroom第一课时
一年级英语上册教案 Unit1My classroom 第三课时
上海牛津版一年级英语Unit2 Small animals第四课时教案
沪教牛津版小学英语一年级上册 Unit3 period2教案
牛津版一年级英语上册教案Unit4 My bag第一课时
沪教版小学英语一年级下册教案unit1课时3
沪教牛津版小学英语一年级上册 Unit 8 教案
上海牛津版一年级英语下册Unit2 Small animals第五课时教案
上海版牛津一年级英语教案Unit8 Playtime(总五课时)
一年级英语上册教案Unit1 My classroom第一课时教案
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |