Evening News today, 9:30 , in the Steel Group Shanghai Five as a business manager for 7 years Qiang Hua bribery case in the Second City Court to continue to trial. 2.5 million yuan as bribery illegal financing for futures speculators , China Wang Qiang , 46, started from last May under investigation by the prosecution charged.
prosecutor said the accused , Wang Qiang, China as a national staff , the use of his office, to enter into sales contracts in the form of steel , steel futures speculators secretly provided for the high finance ,
vibram five fingers kso, and accepting a bribe each other a total of 2.5 million yuan , should accept the penalty for accepting bribes .
2005 end of the year , steel futures market fall into the bottom stage , the two business partners of China Wang Qiang Zhao and Zhu proposed the use of their company's advantage in the upcoming wave of market to earn Profits. Wang Qiang, backed by the deep pockets of China Steel Group, to Zhao , Zhu funding , the latter according to Wang Qiang, China 's planning, intervention futures market trader for profit. 2006 to 2007 in a wave of big move , Wang Hua and two partners earned tens of millions.
2007年1 month, Zhu quietly into the 50 million in cash, Wang Qiang, China 's car. Soon, Zhao personally send home 200 million in cash. Time of the incident , China Steel Group found that futures speculators financing for Wang Qiang Huawei , the company still has about 37.4 million yuan loss can not be recovered.
The case is still under trial.
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