invested 2 million yuan and got a profit of 660,000 yuan after 11 months. He borrowed 300,000 yuan to buy a house and sold it at a high price of 5 million yuan 10 years later... Recently, the media disclosed that Tao Chenghua, former party secretary and chairman of the Jinhua CPPCC, Zhejiang Province, passed He engaged in profit-making activities in violation of regulations and made profits of more than 10.75 million yuan. The corruption hidden behind the "investment method" is alarming.
These huge profits seem to be the result of Tao Chenghua's financial investment, but upon closer inspection, it becomes clear that the capital he paid for "investment" was not just money, but more of the power he controlled. However, while "power capital" allowed him to easily make profits, it also made him an object of "investment". In order to make full use of his "power capital", the businessman who acted as the "opponent" was willing to fulfill the absurd promise of "guaranteing losses" and thus received various "care" from Tao Chenghua. This kind of "investment" is full of the stench of private use of public power and power-for-money transactions, and the benefits obtained are destined to be in vain, and the gains outweigh the losses. In December 2021, Hangzhou Intermediate People's Court sentenced Tao Chenghua to 11 years and six months in prison for accepting bribes, and was fined RMB 2 million. His illegal gains were confiscated and turned over to the state treasury.
"Investment is risky, so be cautious when entering the market." There is no absolutely safe and stable investment return, and high returns are accompanied by high risks. If leading cadres pretend to be confused while pretending to understand, they will fall into the abyss of illegality and discipline. Xin Hua, the former director of the Land and Mining Rights Market Management Center of Lianyungang City, Jiangsu Province, used his position to invest 1 million yuan in equity investment for a business owner and made a profit of 400,000 yuan. The 400,000 yuan was not related to the 1 million yuan investment and income. , is actually a bribe from a business owner; Wang Yumin, the former director of the Political Department of Changchun City Public Security Bureau in Jilin Province, invested 1 million yuan in the business operation, and earned 1.3 million yuan in three years regardless of the company's operating conditions ; former secretary of the Youxi County Party Committee in Fujian Province Lin Changyuan took the lead in using his power to accept bribes in the name of investment. In fact, he did not make actual investment or withdrew the investment within six months, and demanded huge dividends without generating actual profits. This not only destroyed the local economic environment, but also led to corruption. social atmosphere.
"A gentleman loves money and gets it wisely." For leading cadres who hold public power, they should not link power with money. This kind of "mutual investment" between politicians and businessmen is, to put it bluntly, a transaction of power and money. Leading cadres "invest" with their power to build bridges and pave the way for businessmen behind their backs and seek personal gains; businessmen "invest" with money, gain unfair competitive advantages through the power protection of leading cadres, and "repay" leading cadres with more huge profits.
No matter how many tricks it develops and how it appears to be "legal", it is just a cover-up in the face of discipline and law, and it cannot conceal the facts of power-for-money transactions, bribery and bribery. Article 94 of the "Regulations on Disciplinary Punishments of the Communist Party of China" stipulates the use of authority or positional influence to make abnormal profits. According to relevant laws and regulations, if a state employee takes advantage of his position to seek benefits for the client, sells houses, cars and other items to the client at a price significantly higher than the market price, accepts shares provided by the client, etc., he will be punished for accepting bribes. .
Party members and leading cadres must adhere to the distinction between public and private affairs, ensure that political and business interactions are clean, and do not take ill-gotten gains or do illegal things. The power in your hands must be "invested" in the cause of serving the people, and must not be placed in the wrong position or in the wrong direction.
Source: China Discipline Inspection and Supervision News
