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http://www.bochk.com/ir/pdf/announcement_2004-08-05_e.pdf
Liu Jinbao (simplified Chinese: 刘金宝) was a former CEO of Bank of China (Hong Kong) Limited and vice-chairman of Bank of China.
Liu was abruptly transferred back to Beijing to become vice-chairman of Bank of China in May 2003. Investigations subsequently found Liu to have "committed economic crimes" in connection with his previous appointment as the head of the Shanghai branch of the Bank of China. Liu was subsequently dismissed from his post.
Liu, along with three other senior managers, were also alleged to have made "unauthorised distribution for personal purposes" of funds belong to the Bank of China before BOCHK was established. The Standard speculated that the amount involved was HK$30 million.
Chinese court has sentenced him to a 2 year suspended death sentence.
Liu Jinbao (simplified Chinese: 刘金宝) was a former CEO of Bank of China (Hong Kong) Limited and vice-chairman of Bank of China.
Liu was abruptly transferred back to Beijing to become vice-chairman of Bank of China in May 2003. Investigations subsequently found Liu to have "committed economic crimes" in connection with his previous appointment as the head of the Shanghai branch of the Bank of China. Liu was subsequently dismissed from his post.
Liu, along with three other senior managers, were also alleged to have made "unauthorised distribution for personal purposes" of funds belong to the Bank of China before BOCHK was established. The Standard speculated that the amount involved was HK$30 million.
Chinese court has sentenced him to a 2 year suspended death sentence.
