Accounting For More Than 60 Yuan Of Embezzlement Of Public Funds And 14 Years' Imprisonment

Yunnan province Dali County Binchuan County Finance Bureau

From January 2009 to the end of October, Yang Shi Xiong was divided into 15 projects and used cash checks to remove financial funds from the basic accounts of the state capital of the Agricultural Bank for a total of 150 thousand yuan.

From May 2010 to September, he took advantage of his position and without the approval of the unit leaders, he used the official seal of the city finance office and the chop of Chen Mou, the director of the state city finance office. He made a false list of items. He used the way of withdrawals not to enter accounts. He used cash checks in the Agricultural Bank of China, and took 79 thousand yuan from the basic accounts of the state capital financial office for the two time.

Subsequently, Yang Shixiong spent 210 thousand yuan on two stocks to buy shares.

From July 2010 to September, he once again used cash checks in the Agricultural Bank of China to withdraw cash from the basic accounts of the state capital financial office for 388 thousand times in the name of office funds and payment subsidies three times.

For fear of losing things, in September 13, 2010, Yang Shixiong, a guilty conscience, absconded with his money.

When escaping, the cash balance of 689.25 yuan and 34.71 yuan in cash in the cash account of the cash register were also collected. The total sum of 723.96 yuan was also taken away.

In September 28, 2010, Yang Shixiong was arrested in Yongsheng, Lijiang.

The court held that the defendant Yang Shixiong, as a state functionary, used the convenience of his position as a treasurer in the accounting office of the financial institution. He used the way that he did not enter accounts and withdrawals were not accounted for, and appropriated 617723.96 yuan of state financial funds. His behavior constituted a crime of corruption and sentenced Yang Shixiong to 14 years' imprisonment.