Death sentence for bank of china ceo!
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Bank of China S'pore
- Thread starter cunnosieur
- Start date
BANK OF CHINA CEO
Liu was sentenced to death but given a two-year reprieve, the official Xinhua News Agency reported. Such suspended death sentences usually are commuted to life in prison if the convict is deemed to have reformed.
Liu also was a deputy chairman of Beijing-based Bank of China, one of China's four main state-owned commercial banks.
He was convicted of embezzling 14.3 million yuan ($1.8 million) with others, plus another 7.5 million yuan ($930,000) for himself, Xinhua said. It said Liu also was convicted of taking 1.4 million yuan ($170,000) in bribes.
Liu was sentenced to death but given a two-year reprieve, the official Xinhua News Agency reported. Such suspended death sentences usually are commuted to life in prison if the convict is deemed to have reformed.
Liu also was a deputy chairman of Beijing-based Bank of China, one of China's four main state-owned commercial banks.
He was convicted of embezzling 14.3 million yuan ($1.8 million) with others, plus another 7.5 million yuan ($930,000) for himself, Xinhua said. It said Liu also was convicted of taking 1.4 million yuan ($170,000) in bribes.
人之初，性本恶
Singapore is turning into one breast-obsessed nation
"I thought this year's Miss Singapore Universe (Carol Cheong) won because of her boobs," says Joshua-Uriel Leong, a banker from BOC in his 30s who admits that he is a "boob man" and is drawn to a woman's breasts ahead of her other physical attributes.
And "Yes, yes, yes - size does matter", he adds.
According to Doy Teo, director of the Singapore operations of lingerie brand Triumph International, the number of women going up to a bigger C cup has surged from about 10 per cent a decade ago to 18 per cent.
The lingerie industry here is estimated to be worth S$100 million (US$62.58 million), says Teo. The brand now even carries a line of fuller-figure F-cup bras, and these whoppers have been enjoying brisk sales.
Another favourite among shoppers here is the push-up bra. Foong Yen, a spokesman for home-grown lingerie brand Ero, says 70 per cent of sales come from its Skin.Cool range of push-up bras.
As boob "authority" Jeffrey Chung notes: "The first things guys notice about girls are breasts. Instead of keeping them in, the media might as well capitalise on them."
He ought to know - he is the model agency owner who made headlines by marketing three D-cup models as the Singapore D-Cup Show Girls.
And the media has certainly wholeheartedly embraced this icon of femininity, from publications devoted to lad culture such as Maxim, featuring scantily clad women on and between its covers, to the popularity of models willing to display more decolletage.
There is also no shortage of cleavage on big and small screens too, such as Uma Thurman's bountiful bosom in The Producers or on the now-ended MTV reality series, Newlyweds, starring Jessica Simpson and her perfect double Ds.
This show of skin has even migrated from the reel world to reality, with a whole generation of young women flaunting their seemingly blossoming assets in tube tops and barely-there halters.
"Boobs are the reason men wake up in the morning and the source of comfort as they lie in bed with their ladies at night," says a the BOC banker. "The ideal breast size should be big enough for you to notice, but not of the size that you end up talking to them instead."
However, not all males are breast men. "Of course men like bigger boobs in general but it's not really a deal-breaker unless she's awkward about it," says a 27-year-old lawyer who also declined to be named. "But if she was sensual and comfortable, then I'll be happy."
Cleavages are also not the first thing that gets Chung's attention when auditioning a model.
"You'll be shocked but I'll actually look at the smile first," says Chung. "When I look at a girl who wants to be a model, I want to see a smiling face because that is what makes everyone happy."
"I thought this year's Miss Singapore Universe (Carol Cheong) won because of her boobs," says Joshua-Uriel Leong, a banker from BOC in his 30s who admits that he is a "boob man" and is drawn to a woman's breasts ahead of her other physical attributes.
And "Yes, yes, yes - size does matter", he adds.
According to Doy Teo, director of the Singapore operations of lingerie brand Triumph International, the number of women going up to a bigger C cup has surged from about 10 per cent a decade ago to 18 per cent.
The lingerie industry here is estimated to be worth S$100 million (US$62.58 million), says Teo. The brand now even carries a line of fuller-figure F-cup bras, and these whoppers have been enjoying brisk sales.
Another favourite among shoppers here is the push-up bra. Foong Yen, a spokesman for home-grown lingerie brand Ero, says 70 per cent of sales come from its Skin.Cool range of push-up bras.
As boob "authority" Jeffrey Chung notes: "The first things guys notice about girls are breasts. Instead of keeping them in, the media might as well capitalise on them."
He ought to know - he is the model agency owner who made headlines by marketing three D-cup models as the Singapore D-Cup Show Girls.
And the media has certainly wholeheartedly embraced this icon of femininity, from publications devoted to lad culture such as Maxim, featuring scantily clad women on and between its covers, to the popularity of models willing to display more decolletage.
There is also no shortage of cleavage on big and small screens too, such as Uma Thurman's bountiful bosom in The Producers or on the now-ended MTV reality series, Newlyweds, starring Jessica Simpson and her perfect double Ds.
This show of skin has even migrated from the reel world to reality, with a whole generation of young women flaunting their seemingly blossoming assets in tube tops and barely-there halters.
"Boobs are the reason men wake up in the morning and the source of comfort as they lie in bed with their ladies at night," says a the BOC banker. "The ideal breast size should be big enough for you to notice, but not of the size that you end up talking to them instead."
However, not all males are breast men. "Of course men like bigger boobs in general but it's not really a deal-breaker unless she's awkward about it," says a 27-year-old lawyer who also declined to be named. "But if she was sensual and comfortable, then I'll be happy."
Cleavages are also not the first thing that gets Chung's attention when auditioning a model.
"You'll be shocked but I'll actually look at the smile first," says Chung. "When I look at a girl who wants to be a model, I want to see a smiling face because that is what makes everyone happy."
Convicted Former BOC Managers Plan Appeal in Fraud Case
05-08 18:40 Caijing comments( 0 )
The court sentenced the four May 6 on 15 counts of racketeering, money laundering, international transport of stolen property, and passport and visa fraud.
By staff reporter Li Xin
(Caijing.com.cn) Two former Bank of China (SSE:601988) managers and their wives are planning to appeal jail terms ranging from eight to 25 years handed down by a court in the U.S. state of Nevada for defrauding the bank of US$485 million, a lawyer for one of the managers said.
The court sentenced the four May 6 on 15 counts of racketeering, money laundering, international transport of stolen property, and passport and visa fraud. They were indicted of bank fraud by a Las Vegas grand jury last August.
Former Kaiping branch managers Xu Chaofan and Xu Guojun were sentenced to 25 and 22 years respectively. Their wives were also given eight-year prison terms.
Xu Chaofan's lawyer, Mitchell Posin, told Caijing of the plan to appeal the sentences.
Yu Zhendong, a third Kaiping branch manager charged in the fraud case, voluntarily returned to China for trial in 2004, where he was sentenced to 12 years in prison. Yu testified in the U.S. trial through video recordings.
Xu Chaofan Xu Guojun
The four also claim their personal assets are insufficient to make restitution for US$482 million , the lawyers said. According to court records the managers' confiscated property is worth several hundred thousand U.S. dollars.
U.S. Department of Justice spokeswoman Laura Sweeney told Caijing that the U.S. government has returned US$3.6 million worth of seized bank deposits to China's government, and will soon return the remaining US$150,000 cash, some jewelry and real estate to Bank of China.
Full Article in Chinese: http://www.caijing.com.cn/2009-05-08/110162068.html
人之初，性本恶
05-08 18:40 Caijing comments( 0 )
The court sentenced the four May 6 on 15 counts of racketeering, money laundering, international transport of stolen property, and passport and visa fraud.
By staff reporter Li Xin
(Caijing.com.cn) Two former Bank of China (SSE:601988) managers and their wives are planning to appeal jail terms ranging from eight to 25 years handed down by a court in the U.S. state of Nevada for defrauding the bank of US$485 million, a lawyer for one of the managers said.
The court sentenced the four May 6 on 15 counts of racketeering, money laundering, international transport of stolen property, and passport and visa fraud. They were indicted of bank fraud by a Las Vegas grand jury last August.
Former Kaiping branch managers Xu Chaofan and Xu Guojun were sentenced to 25 and 22 years respectively. Their wives were also given eight-year prison terms.
Xu Chaofan's lawyer, Mitchell Posin, told Caijing of the plan to appeal the sentences.
Yu Zhendong, a third Kaiping branch manager charged in the fraud case, voluntarily returned to China for trial in 2004, where he was sentenced to 12 years in prison. Yu testified in the U.S. trial through video recordings.
Xu Chaofan Xu Guojun
The four also claim their personal assets are insufficient to make restitution for US$482 million , the lawyers said. According to court records the managers' confiscated property is worth several hundred thousand U.S. dollars.
U.S. Department of Justice spokeswoman Laura Sweeney told Caijing that the U.S. government has returned US$3.6 million worth of seized bank deposits to China's government, and will soon return the remaining US$150,000 cash, some jewelry and real estate to Bank of China.
Full Article in Chinese: http://www.caijing.com.cn/2009-05-08/110162068.html
人之初，性本恶
FOR BROS WHO PM ME FOR PRC BANK EXE CUMTACT.....
Location of where she works...there is ONLY ONE bank in the vicinity...
Location of where she works...there is ONLY ONE bank in the vicinity...
12 March 2010
Chan Seng Onn J:
Introduction
1 The plaintiff in the suit, VisionHealthOne Corporation Pte Ltd (“Plaintiff”), applied for discovery of documents against Bank of China Limited (“BOC”) in Summons No 5937 of 2009 (“the Discovery Application”) pursuant to O 24 r 6(2) of the Rules of Court (Cap 322, R5, 2006 Rev Ed) (“Rules of Court”). The Assistant Registrar (“AR”) allowed the Discovery Application and ordered BOC to produce the relevant documents.
2 The second defendant, Xing Rong Pte Ltd (formerly known as Huadi Projects Pte Ltd) (“2nd Defendant”) appealed against the AR’s order for discovery (“Discovery Order”) in Registrar’s Appeal No 449 of 2009 (RA449/09). The Plaintiff took out an application to strike out RA449/09 in Summons No 6230 of 2009 (the “Striking Out Application”).
3 On 11 January 2010, I allowed the Striking Out Application and the 2nd Defendant on 9 February 2010 filed an appeal against my decision.
Background Facts
4 The Plaintiff’s claim arose from the Cooperation Agreement dated 18 October 2003 between the Plaintiff and 2nd Defendant which object was to establish a network of medical facilities in and outside China. The funds for the joint venture would be provided solely by the Plaintiff.
5 The Plaintiff claimed that it had entrusted the sum of $2.125 million (the “Sum”) to the 2nd Defendant for the purpose of the joint venture. The Sum was transferred to the 2nd Defendant’s BOC account (“the Account”) in three tranches between December 2003 and January 2004.
6 The 2nd Defendant admitted that it had received the Sum. However, the 2nd Defendant alleged that the receipt was pursuant to a currency exchange transaction between the Plaintiff and the 2nd Defendant. Therefore, no funds were provided under the Cooperation Agreement to further any proposals for the purpose of the joint venture.
7 The Plaintiff claimed that, inter alia, it was wrongfully induced into transferring the Sum to the 2nd Defendant through the latter and/or its representative’s false and fraudulent misrepresentations.
8 Prior to March 2007, the 2nd Defendant represented to the Plaintiff that it had remitted the Sum to a third party Chinese company, Fuzhou Huadi Hebang Construction Renovation Engineering Company Ltd (“FHH”) in or about 2004 for the purposes of the joint venture to establish a medical facilities network in and outside China. However, the financial records of FHH obtained by the Plaintiff did not reflect any such receipt of the Sum.
9 It was the Plaintiff’s case that one of the main disputed issues in the suit was to whom the 2nd Defendant had transferred the Sum following its receipt of the said Sum between December 2003 and January 2004.
10 The Plaintiff in its Discovery Application sought production of documents from BOC relating to and/or evidencing the movements, ie, into and out of the Account.
11 The AR, after hearing the Discovery Application, allowed the Plaintiff to inspect and take copies of the following documents (the “Ordered Documents”) with BOC:
All bank statements, cheques, remittance slips, receipts, transfer instructions and correspondence relating to and/or evidencing the movements of the sum of S$2,125,000.00 which was deposited into the Account of the 2nd Defendant with Bank of China Limited by way of:
(a) OCBC cheque no. 749325 dated 23 December 2003 for the sum of S$400,000.00;
(b) UOB cheque no. 642852 dated 23 December 2003 for the sum of S$1,100,000.00;
(c) UOB cheque no. 642853 dated 10 January 2004 for the sum of S$625,000.00 into and out of the Account.
46 The Discovery Order against a non-party was a matter that was exclusive to the Plaintiff and the non-party, BOC. Any legal grievances stemming from such an order should be raised and vented by either of the two parties privy to the order. The 2nd Defendant’s filing of the appeal where BOC itself had chosen not to do so was an attempt at circumventing the procedures of the court that were streamlined to ensure the systematic and efficient administration of justice.
Chan Seng Onn J:
Introduction
1 The plaintiff in the suit, VisionHealthOne Corporation Pte Ltd (“Plaintiff”), applied for discovery of documents against Bank of China Limited (“BOC”) in Summons No 5937 of 2009 (“the Discovery Application”) pursuant to O 24 r 6(2) of the Rules of Court (Cap 322, R5, 2006 Rev Ed) (“Rules of Court”). The Assistant Registrar (“AR”) allowed the Discovery Application and ordered BOC to produce the relevant documents.
2 The second defendant, Xing Rong Pte Ltd (formerly known as Huadi Projects Pte Ltd) (“2nd Defendant”) appealed against the AR’s order for discovery (“Discovery Order”) in Registrar’s Appeal No 449 of 2009 (RA449/09). The Plaintiff took out an application to strike out RA449/09 in Summons No 6230 of 2009 (the “Striking Out Application”).
3 On 11 January 2010, I allowed the Striking Out Application and the 2nd Defendant on 9 February 2010 filed an appeal against my decision.
Background Facts
4 The Plaintiff’s claim arose from the Cooperation Agreement dated 18 October 2003 between the Plaintiff and 2nd Defendant which object was to establish a network of medical facilities in and outside China. The funds for the joint venture would be provided solely by the Plaintiff.
5 The Plaintiff claimed that it had entrusted the sum of $2.125 million (the “Sum”) to the 2nd Defendant for the purpose of the joint venture. The Sum was transferred to the 2nd Defendant’s BOC account (“the Account”) in three tranches between December 2003 and January 2004.
6 The 2nd Defendant admitted that it had received the Sum. However, the 2nd Defendant alleged that the receipt was pursuant to a currency exchange transaction between the Plaintiff and the 2nd Defendant. Therefore, no funds were provided under the Cooperation Agreement to further any proposals for the purpose of the joint venture.
7 The Plaintiff claimed that, inter alia, it was wrongfully induced into transferring the Sum to the 2nd Defendant through the latter and/or its representative’s false and fraudulent misrepresentations.
8 Prior to March 2007, the 2nd Defendant represented to the Plaintiff that it had remitted the Sum to a third party Chinese company, Fuzhou Huadi Hebang Construction Renovation Engineering Company Ltd (“FHH”) in or about 2004 for the purposes of the joint venture to establish a medical facilities network in and outside China. However, the financial records of FHH obtained by the Plaintiff did not reflect any such receipt of the Sum.
9 It was the Plaintiff’s case that one of the main disputed issues in the suit was to whom the 2nd Defendant had transferred the Sum following its receipt of the said Sum between December 2003 and January 2004.
10 The Plaintiff in its Discovery Application sought production of documents from BOC relating to and/or evidencing the movements, ie, into and out of the Account.
11 The AR, after hearing the Discovery Application, allowed the Plaintiff to inspect and take copies of the following documents (the “Ordered Documents”) with BOC:
All bank statements, cheques, remittance slips, receipts, transfer instructions and correspondence relating to and/or evidencing the movements of the sum of S$2,125,000.00 which was deposited into the Account of the 2nd Defendant with Bank of China Limited by way of:
(a) OCBC cheque no. 749325 dated 23 December 2003 for the sum of S$400,000.00;
(b) UOB cheque no. 642852 dated 23 December 2003 for the sum of S$1,100,000.00;
(c) UOB cheque no. 642853 dated 10 January 2004 for the sum of S$625,000.00 into and out of the Account.
46 The Discovery Order against a non-party was a matter that was exclusive to the Plaintiff and the non-party, BOC. Any legal grievances stemming from such an order should be raised and vented by either of the two parties privy to the order. The 2nd Defendant’s filing of the appeal where BOC itself had chosen not to do so was an attempt at circumventing the procedures of the court that were streamlined to ensure the systematic and efficient administration of justice.
Hundreds of laid-off former bank employees have attended a rally in Beijing demanding better benefits. Many had outwitted police to be able to attend the protest, which was eventually attacked by police.
The participants were all former employees of China’s big five state-owned commercial banks: Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, and Industrial Bank Co., Ltd.
The demonstrators gathered at around 8:30 a.m. Monday outside the headquarters of the All-China Federation of Trade Unions, yelling slogans and unfurling banners.
An anonymous protester said Monday that the group shouted slogans such as, “President Hu [Jintao], we want food,” “Premier Wen [Jiabao], we want jobs,” “We have to support our parents, we have to raise our children,” and “We gave the banks our early life, but the banks destroyed our later life.”
Despite facing economic hardships, petitioners at the scene donated funds for victims of a devastating earthquake in China’s western Qinghai province, which killed more than 2,000 and injured around 12,000 according to the latest count.
The laid-off workers then went to petition the central bank, the People’s Bank of China, where they were violently scattered by police.
“We yelled slogans and sang the national anthem when police suddenly rushed into us, taking some away with them and dispersing the crowd,” the protester said.
“Some of us were taken to the detention center in Majialou. During the clash a protester had a heart attack. We don’t know yet what happened to this person,” he added.
Protesters turned back
Petitioners said the Monday protest was one of the largest held in recent years by China’s bank employees. On Sunday, however, authorities stopped many more laid-off bank employees from traveling to Beijing for the demonstration.
In China’s northern Inner Mongolia Autonomous Region, unemployed bank worker Yang Xiaodong was taken away by police Sunday evening after contacting a rights group by cell phone to discuss the next day’s rally. But many petitioners outwitted police, eventually arriving in Beijing on Monday to take part in the protest.
One petitioner from China’s northeastern Liaoning province said following the protests Monday that he had lost his job in 2003 when he was in his 40s.
“I was forced to leave my job in 2003. It has been impossible for me to get another job as nowadays even college graduates can hardly find a job. There is no way for me to make a living,” the petitioner said. He said he has been petitioning since being laid off, but has received nothing in compensation.
Another demonstrator was a former cashier with the China Construction Bank in Lanzhou, capital of northwestern Gansu province.
“The bank terminated my employment contract in 2000 saying I had ‘no bank title, no college diploma, and no fixed position,’” he said.
Another laid-off worker, also from northwestern China, said he had been intimidated by authorities to sign an agreement to terminate his employment contract.
“That was in November 2004, in our Ningxia branch of the Industrial and Commercial Bank of China. We were given just three days to sign the contract and leave. If not, we wouldn’t receive even a penny in compensation.”
Petitioners ignored
Hubei-based rights activist Liu Feiyue said China must spend more time addressing the needs of petitioners instead of simply trying to ignore their problems.
“The government is rather willing to allot a huge amount of money in stopping people from petitioning in Beijing, but not willing to give much smaller amounts to help weak petitioners,” he said.
The head of China's judiciary called on courts to maintain social stability in early last year amid the global economic slowdown, saying the number of labor disputes had jumped by 94 percent in the first 10 months of 2008, compared with the same period the year before.
The "Regulation on Petitions" issued by China's State Council states that petitioners may voice their grievances to higher-level government offices. But those trying to do so are frequently held in unofficial detention centers, or "black jails," before being taken back to their hometowns.
Many petitioners have spent years pursuing complaints against local officials over disputes including the loss of homes and farmland, unpaid wages and pensions, or alleged mistreatment by the authorities. Parents of children affected in the tainted milk powder scandal in 2008, and those who lost children when schools collapsed during the 2008 Sichuan earthquake, have joined their numbers. Few report getting a satisfactory result, and most say they have become a target of further harassment by the authorities.
![0010dc53fa040835d0ed01[2].jpg](http://libcom.org/files/imagecache/article/images/news/0010dc53fa040835d0ed01[2].jpg)
The participants were all former employees of China’s big five state-owned commercial banks: Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, and Industrial Bank Co., Ltd.
The demonstrators gathered at around 8:30 a.m. Monday outside the headquarters of the All-China Federation of Trade Unions, yelling slogans and unfurling banners.
An anonymous protester said Monday that the group shouted slogans such as, “President Hu [Jintao], we want food,” “Premier Wen [Jiabao], we want jobs,” “We have to support our parents, we have to raise our children,” and “We gave the banks our early life, but the banks destroyed our later life.”
Despite facing economic hardships, petitioners at the scene donated funds for victims of a devastating earthquake in China’s western Qinghai province, which killed more than 2,000 and injured around 12,000 according to the latest count.
The laid-off workers then went to petition the central bank, the People’s Bank of China, where they were violently scattered by police.
“We yelled slogans and sang the national anthem when police suddenly rushed into us, taking some away with them and dispersing the crowd,” the protester said.
“Some of us were taken to the detention center in Majialou. During the clash a protester had a heart attack. We don’t know yet what happened to this person,” he added.
Protesters turned back
Petitioners said the Monday protest was one of the largest held in recent years by China’s bank employees. On Sunday, however, authorities stopped many more laid-off bank employees from traveling to Beijing for the demonstration.
In China’s northern Inner Mongolia Autonomous Region, unemployed bank worker Yang Xiaodong was taken away by police Sunday evening after contacting a rights group by cell phone to discuss the next day’s rally. But many petitioners outwitted police, eventually arriving in Beijing on Monday to take part in the protest.
One petitioner from China’s northeastern Liaoning province said following the protests Monday that he had lost his job in 2003 when he was in his 40s.
“I was forced to leave my job in 2003. It has been impossible for me to get another job as nowadays even college graduates can hardly find a job. There is no way for me to make a living,” the petitioner said. He said he has been petitioning since being laid off, but has received nothing in compensation.
Another demonstrator was a former cashier with the China Construction Bank in Lanzhou, capital of northwestern Gansu province.
“The bank terminated my employment contract in 2000 saying I had ‘no bank title, no college diploma, and no fixed position,’” he said.
Another laid-off worker, also from northwestern China, said he had been intimidated by authorities to sign an agreement to terminate his employment contract.
“That was in November 2004, in our Ningxia branch of the Industrial and Commercial Bank of China. We were given just three days to sign the contract and leave. If not, we wouldn’t receive even a penny in compensation.”
Petitioners ignored
Hubei-based rights activist Liu Feiyue said China must spend more time addressing the needs of petitioners instead of simply trying to ignore their problems.
“The government is rather willing to allot a huge amount of money in stopping people from petitioning in Beijing, but not willing to give much smaller amounts to help weak petitioners,” he said.
The head of China's judiciary called on courts to maintain social stability in early last year amid the global economic slowdown, saying the number of labor disputes had jumped by 94 percent in the first 10 months of 2008, compared with the same period the year before.
The "Regulation on Petitions" issued by China's State Council states that petitioners may voice their grievances to higher-level government offices. But those trying to do so are frequently held in unofficial detention centers, or "black jails," before being taken back to their hometowns.
Many petitioners have spent years pursuing complaints against local officials over disputes including the loss of homes and farmland, unpaid wages and pensions, or alleged mistreatment by the authorities. Parents of children affected in the tainted milk powder scandal in 2008, and those who lost children when schools collapsed during the 2008 Sichuan earthquake, have joined their numbers. Few report getting a satisfactory result, and most say they have become a target of further harassment by the authorities.
Lol~ It took me quite a while to figure out too.
But not sure if I'm right.
Lao Bang Lao Bang ---> "Boss, boss.."
Hiya Hiya..Lai Ma... ---> "Hai yah hai yah, come lah.."
You Qian Jui Shi Lao Bang ---> "Got money means you're a Boss"
Wo Fu Wu Heng Hao ---> "I provide good service"
These I don't understand liao...
Yi Tui Liang Tui...
Hiya Hiya...
PLUS...
Hmm....lai ma Shue Ge...
Hiya Lao Bang...lao bang....
2001 Kwangtung Provincial Bank was closed and merged under Bank of China, Singapore Branch.
2002 Bank of China Futures Pte Ltd wound up operations in Singapore.
2008 Bank of China buys 20 percent stake in La Compagnie Financiere Edmond de Rothschild (LCFR) for 236.3 million euros (US$340 million)
2001-2007 Massive staff layoffs and paycuts in BOC S'pore Branch.
2007 BOC S'pore Branch - Mr Zhu Hua asked to leave S'pore by the Monetary Authority of S'pore and rumoured to be posted to Bangkok, Thailand. For poor performance, he was replaced by Mdm Liu Yan Fen.
2008 Head of Settlements, Mr Chin Chuh Meng, Bank of China, was investigated involvement for Multi-Level Marketing Activities in S'pore; a scheme with some Bank of China and ex Kwangtung Bank Staff.[6]
2009 Opened branches in São Paulo and Maputo. Reopened branch in Penang in October.
2009 People's Park Remittance Centre opened in Singapore, operating 7 days a week, offering remittance and cash exchange services.
2009 Ceased Sunday Banking Business in Chinatown Sub-branch in Singapore
2002 Bank of China Futures Pte Ltd wound up operations in Singapore.
2008 Bank of China buys 20 percent stake in La Compagnie Financiere Edmond de Rothschild (LCFR) for 236.3 million euros (US$340 million)
2001-2007 Massive staff layoffs and paycuts in BOC S'pore Branch.
2007 BOC S'pore Branch - Mr Zhu Hua asked to leave S'pore by the Monetary Authority of S'pore and rumoured to be posted to Bangkok, Thailand. For poor performance, he was replaced by Mdm Liu Yan Fen.
2008 Head of Settlements, Mr Chin Chuh Meng, Bank of China, was investigated involvement for Multi-Level Marketing Activities in S'pore; a scheme with some Bank of China and ex Kwangtung Bank Staff.[6]
2009 Opened branches in São Paulo and Maputo. Reopened branch in Penang in October.
2009 People's Park Remittance Centre opened in Singapore, operating 7 days a week, offering remittance and cash exchange services.
2009 Ceased Sunday Banking Business in Chinatown Sub-branch in Singapore
Lao Bang Lao Bang...CEO OF BANK OF CHINA
Liu Jinbao Shanghai has faced numerous sex scandals
The former head of the Bank of China in Hong Kong has been accused of spending almost £300,000 on plastic surgery for his mistress, in the latest of a series of sex scandals exposed in the state-run media.
Liu Jinbao is said to have confessed that he wanted to make his mistress look more like his high-school sweetheart, from whose rejection he never recovered.
The leaking of court records relating to his conviction for corruption comes as a string of senior figures from the Communist Party and big business fall victim to a nationwide purge, centred on Shanghai.
The charges have mainly been embezzlement, illegal loans and cronyism, but newspapers and websites are running ever wilder stories of officials' love lives.
Liu Jinbao Shanghai has faced numerous sex scandals
The former head of the Bank of China in Hong Kong has been accused of spending almost £300,000 on plastic surgery for his mistress, in the latest of a series of sex scandals exposed in the state-run media.
Liu Jinbao is said to have confessed that he wanted to make his mistress look more like his high-school sweetheart, from whose rejection he never recovered.
The leaking of court records relating to his conviction for corruption comes as a string of senior figures from the Communist Party and big business fall victim to a nationwide purge, centred on Shanghai.
The charges have mainly been embezzlement, illegal loans and cronyism, but newspapers and websites are running ever wilder stories of officials' love lives.
BANK OF CHINA CEO
Liu was sentenced to death but given a two-year reprieve, the official Xinhua News Agency reported. Such suspended death sentences usually are commuted to life in prison if the convict is deemed to have reformed.
Liu also was a deputy chairman of Beijing-based Bank of China, one of China's four main state-owned commercial banks.
He was convicted of embezzling 14.3 million yuan ($1.8 million) with others, plus another 7.5 million yuan ($930,000) for himself, Xinhua said. It said Liu also was convicted of taking 1.4 million yuan ($170,000) in bribes.
I doubt this case is real.
There are some officials who have embezzled close to 100s of Millions of RMB or some even Billions of RMB, and nothing happened to them.
They were sentenced to jail, but do you think for embezzling 14.3 Million RMB is anything? Besides, they would need this guy's financial genius to understand how he could get away with it to place some checks.
http://www.sammyboy.com/attachment.php?attachmentid=1226&d=1269297719
Sex scandals even involve the likes of Liu Jinbao , former head of the Bank of China's Hong Kong operations and whose signature graces banknotes issued by the BOC (SEHK: 3988) in Hong Kong.
A mainland newspaper reported last Friday that he spent more than HK$4 million on cosmetic surgery to transform one of his mistresses into a copy of his first love - a high-school student who had rejected his advances and publicly humiliated him. Last year Liu was given a suspended death sentence for bribery and for approving illicit loans to several businessmen - two of whom obtained a total of 1.8 billion yuan in loans because one bought his mistress a luxury flat while the other paid for the interior decoration.
http://www.scmp.com/portal/site/SCMP/menuitem.06f0b401397a029733492d9253a0a0a0?vgnextoid=0a81e68ef2c82110VgnVCM100000360a0a0aRCRD&s=Archive
Sex scandals even involve the likes of Liu Jinbao , former head of the Bank of China's Hong Kong operations and whose signature graces banknotes issued by the BOC (SEHK: 3988) in Hong Kong.
A mainland newspaper reported last Friday that he spent more than HK$4 million on cosmetic surgery to transform one of his mistresses into a copy of his first love - a high-school student who had rejected his advances and publicly humiliated him. Last year Liu was given a suspended death sentence for bribery and for approving illicit loans to several businessmen - two of whom obtained a total of 1.8 billion yuan in loans because one bought his mistress a luxury flat while the other paid for the interior decoration.
http://www.scmp.com/portal/site/SCMP/menuitem.06f0b401397a029733492d9253a0a0a0?vgnextoid=0a81e68ef2c82110VgnVCM100000360a0a0aRCRD&s=Archive
http://www.smh.com.au/articles/2006/11/21/1163871403478.html?from=top5
Lure of reliving lost love fells bank's golden boy November 22, 2006
BEIJING: The former head of the Bank of China in Hong Kong has been accused of spending about $740,000 on plastic surgery for his mistress, in the latest of a series of sex scandals exposed in the state-run media.
Liu Jinbao is said to have confessed that he wanted to make his mistress look more like his high-school sweetheart, from whose rejection he had never recovered.
The leaking of court records relating to his conviction for corruption comes as a string of senior figures from the Communist Party and big business fall victim to a nationwide purge, centred on Shanghai.
The purge began with the Vice-Mayor of Beijing, exposed for corruption involving Olympic Games-related developments but was also found to be keeping concubines in a luxury villa.
Liu, 54, the latest figure to be "outed", used to be known for having become head of the Bank of China in Shanghai at the relatively young age of 40.
He was then promoted to chief executive of the bank's subsidiary in Hong Kong, and finally made deputy chairman of the parent company in Beijing, before being implicated in a real estate scandal in Shanghai. His trial last year, in which he received a suspended death sentence, was not held in public, but a specialist legal paper claims to have been leaked court documents.
Liu's main offences were large amounts he got in bribes, and the millions in illegal loans he approved to businessmen in return.
But the details of his relationship with a propaganda officer in the Shanghai branch portrayed a banking "big fish" who never outgrew a schoolboy crush on a girl called Chen Chen who ripped up his first love letter.
When he introduced his "secretary" to old school friends over dinner, they immediately noticed a similarity to Chen Chen, he allegedly confessed.
To make her perfect, he sent her to cosmetic surgery clinics in Hong Kong, Singapore, South Korea and Britain, armed with a photograph of Chen Chen.
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Chengdu Branch of ICBC known as ICBC Shahe branch's female staff Zheng Xuan creates history, as her leaked sex video jammed China's internet as sex crazy Chinamen scrambled to download the short movie. The girl was identified as an ICBC staff of the branch as she was wearing the bank's uniform while having her orgy with her boyfriend.
HOT VIDEO HERE!
http://gutteruncensored1.blogspot.com/?zx=865334f8c23edf9f
HOT VIDEO HERE!
http://gutteruncensored1.blogspot.com/?zx=865334f8c23edf9f
Wang Xuebing is sentenced to 12 years in prison for bribe-taking.
Wang Xuebing, one of China’s most powerful bankers until his detention early last year, has been sentenced by a Beijing court to 12 years in prison for taking bribes.
Mr Wang was formerly head of the Bank of China and China Construction Bank, two of the country’s big four state-owned banks. When he was expelled from the Communist party in November last year, the official Chinese media said he had received bribes worth Rmb2.28m (US$341,000) and numerous improper gifts, including 17 "luxury watches." He was also accused of leading a "decadent life", including sleeping with prostitutes in Hong Kong and in three mainland cities.
He is one of three high-ranked Chinese financiers with experience and clout in global markets who have been removed from their positions for corruption in recent years.
Wang Xuebing, one of China’s most powerful bankers until his detention early last year, has been sentenced by a Beijing court to 12 years in prison for taking bribes.
Mr Wang was formerly head of the Bank of China and China Construction Bank, two of the country’s big four state-owned banks. When he was expelled from the Communist party in November last year, the official Chinese media said he had received bribes worth Rmb2.28m (US$341,000) and numerous improper gifts, including 17 "luxury watches." He was also accused of leading a "decadent life", including sleeping with prostitutes in Hong Kong and in three mainland cities.
He is one of three high-ranked Chinese financiers with experience and clout in global markets who have been removed from their positions for corruption in recent years.
Wang Xuebing, former president of the Bank of China and China Construction Bank, has been expelled from the Communist Party of China (CPC) on charges of taking bribes, leading a decadent life and breaking financial rules.
The charges were made by the Central Commission for Discipline Inspection (CCDI) of the CPC, which held its Eighth Plenary Session in Beijing from Nov. 4 to 5.
Wang was an alternate member of the 15th Central Committee of the CPC. According to a communique adopted by the just-concluded Seventh Plenary Session of the 15th CPC Central Committee, Wang Xuebing was expelled from the Communist Party.
CCDI said in a report submitted to the Seventh Plenary Session that Wang had embezzled and taken bribes and expensive gifts to the tune of millions of yuan, that he had led a decadent life, and that he broke financial rules with severe consequences when he was general manager of the New York branch of the Bank of China and president of the Bank of China.
Wang's case has been turned over to China's judicial departments for investigation and prosecution.
http://english.peopledaily.com.cn/200211/06/eng20021106_106322.shtml
The charges were made by the Central Commission for Discipline Inspection (CCDI) of the CPC, which held its Eighth Plenary Session in Beijing from Nov. 4 to 5.
Wang was an alternate member of the 15th Central Committee of the CPC. According to a communique adopted by the just-concluded Seventh Plenary Session of the 15th CPC Central Committee, Wang Xuebing was expelled from the Communist Party.
CCDI said in a report submitted to the Seventh Plenary Session that Wang had embezzled and taken bribes and expensive gifts to the tune of millions of yuan, that he had led a decadent life, and that he broke financial rules with severe consequences when he was general manager of the New York branch of the Bank of China and president of the Bank of China.
Wang's case has been turned over to China's judicial departments for investigation and prosecution.
http://english.peopledaily.com.cn/200211/06/eng20021106_106322.shtml
Singapore is turning into one breast-obsessed nation
"I thought this year's Miss Singapore Universe (Carol Cheong) won because of her boobs," says Joshua-Uriel Leong, a banker from BOC in his 30s who admits that he is a "boob man" and is drawn to a woman's breasts ahead of her other physical attributes.
And "Yes, yes, yes - size does matter", he adds.
According to Doy Teo, director of the Singapore operations of lingerie brand Triumph International, the number of women going up to a bigger C cup has surged from about 10 per cent a decade ago to 18 per cent.
The lingerie industry here is estimated to be worth S$100 million (US$62.58 million), says Teo. The brand now even carries a line of fuller-figure F-cup bras, and these whoppers have been enjoying brisk sales.
Another favourite among shoppers here is the push-up bra. Foong Yen, a spokesman for home-grown lingerie brand Ero, says 70 per cent of sales come from its Skin.Cool range of push-up bras.
As boob "authority" Jeffrey Chung notes: "The first things guys notice about girls are breasts. Instead of keeping them in, the media might as well capitalise on them."
He ought to know - he is the model agency owner who made headlines by marketing three D-cup models as the Singapore D-Cup Show Girls.
And the media has certainly wholeheartedly embraced this icon of femininity, from publications devoted to lad culture such as Maxim, featuring scantily clad women on and between its covers, to the popularity of models willing to display more decolletage.
There is also no shortage of cleavage on big and small screens too, such as Uma Thurman's bountiful bosom in The Producers or on the now-ended MTV reality series, Newlyweds, starring Jessica Simpson and her perfect double Ds.
This show of skin has even migrated from the reel world to reality, with a whole generation of young women flaunting their seemingly blossoming assets in tube tops and barely-there halters.
"Boobs are the reason men wake up in the morning and the source of comfort as they lie in bed with their ladies at night," says a the BOC banker. "The ideal breast size should be big enough for you to notice, but not of the size that you end up talking to them instead."
However, not all males are breast men. "Of course men like bigger boobs in general but it's not really a deal-breaker unless she's awkward about it," says a 27-year-old lawyer who also declined to be named. "But if she was sensual and comfortable, then I'll be happy."
Cleavages are also not the first thing that gets Chung's attention when auditioning a model.
"You'll be shocked but I'll actually look at the smile first," says Chung. "When I look at a girl who wants to be a model, I want to see a smiling face because that is what makes everyone happy."
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"I thought this year's Miss Singapore Universe (Carol Cheong) won because of her boobs," says Joshua-Uriel Leong, a banker from BOC in his 30s who admits that he is a "boob man" and is drawn to a woman's breasts ahead of her other physical attributes.
And "Yes, yes, yes - size does matter", he adds.
According to Doy Teo, director of the Singapore operations of lingerie brand Triumph International, the number of women going up to a bigger C cup has surged from about 10 per cent a decade ago to 18 per cent.
The lingerie industry here is estimated to be worth S$100 million (US$62.58 million), says Teo. The brand now even carries a line of fuller-figure F-cup bras, and these whoppers have been enjoying brisk sales.
Another favourite among shoppers here is the push-up bra. Foong Yen, a spokesman for home-grown lingerie brand Ero, says 70 per cent of sales come from its Skin.Cool range of push-up bras.
As boob "authority" Jeffrey Chung notes: "The first things guys notice about girls are breasts. Instead of keeping them in, the media might as well capitalise on them."
He ought to know - he is the model agency owner who made headlines by marketing three D-cup models as the Singapore D-Cup Show Girls.
And the media has certainly wholeheartedly embraced this icon of femininity, from publications devoted to lad culture such as Maxim, featuring scantily clad women on and between its covers, to the popularity of models willing to display more decolletage.
There is also no shortage of cleavage on big and small screens too, such as Uma Thurman's bountiful bosom in The Producers or on the now-ended MTV reality series, Newlyweds, starring Jessica Simpson and her perfect double Ds.
This show of skin has even migrated from the reel world to reality, with a whole generation of young women flaunting their seemingly blossoming assets in tube tops and barely-there halters.
"Boobs are the reason men wake up in the morning and the source of comfort as they lie in bed with their ladies at night," says a the BOC banker. "The ideal breast size should be big enough for you to notice, but not of the size that you end up talking to them instead."
However, not all males are breast men. "Of course men like bigger boobs in general but it's not really a deal-breaker unless she's awkward about it," says a 27-year-old lawyer who also declined to be named. "But if she was sensual and comfortable, then I'll be happy."
Cleavages are also not the first thing that gets Chung's attention when auditioning a model.
"You'll be shocked but I'll actually look at the smile first," says Chung. "When I look at a girl who wants to be a model, I want to see a smiling face because that is what makes everyone happy."
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http://www.smh.com.au/articles/2006/11/21/1163871403478.html?from=top5
Lure of reliving lost love fells bank's golden boy November 22, 2006
BEIJING: The former head of the Bank of China in Hong Kong has been accused of spending about $740,000 on plastic surgery for his mistress, in the latest of a series of sex scandals exposed in the state-run media.
Liu Jinbao is said to have confessed that he wanted to make his mistress look more like his high-school sweetheart, from whose rejection he had never recovered.
The leaking of court records relating to his conviction for corruption comes as a string of senior figures from the Communist Party and big business fall victim to a nationwide purge, centred on Shanghai.
The purge began with the Vice-Mayor of Beijing, exposed for corruption involving Olympic Games-related developments but was also found to be keeping concubines in a luxury villa.
Liu, 54, the latest figure to be "outed", used to be known for having become head of the Bank of China in Shanghai at the relatively young age of 40.
He was then promoted to chief executive of the bank's subsidiary in Hong Kong, and finally made deputy chairman of the parent company in Beijing, before being implicated in a real estate scandal in Shanghai. His trial last year, in which he received a suspended death sentence, was not held in public, but a specialist legal paper claims to have been leaked court documents.
Liu's main offences were large amounts he got in bribes, and the millions in illegal loans he approved to businessmen in return.
But the details of his relationship with a propaganda officer in the Shanghai branch portrayed a banking "big fish" who never outgrew a schoolboy crush on a girl called Chen Chen who ripped up his first love letter.
When he introduced his "secretary" to old school friends over dinner, they immediately noticed a similarity to Chen Chen, he allegedly confessed.
To make her perfect, he sent her to cosmetic surgery clinics in Hong Kong, Singapore, South Korea and Britain, armed with a photograph of Chen Chen.
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沒有共產黨就有新中國...!
沒有共產黨就有新中國...!
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