Busy docket for fi­nan­cial crimes in the city

China Daily (Canada) - - FRONT PAGE - By LI YANG

Shang­hai has pros­e­cuted 1,892 peo­ple in al­leged fi­nan­cial crimes, in­clud­ing the il­le­gal ab­sorp­tion of pub­lic de­posits, fraud­u­lent fundrais­ing and the use of con­fi­den­tial in­for­ma­tion to trade, from Jan­uary to Novem­ber 2014.

That is a 52 per­cent in­crease year over year, the Shang­hai an­nual procu­ra­torate work con­fer­ence said in state­ment re­leased ear­lier this week.

The procu­ra­torate made 14 sug­ges­tions to strengthen fi­nan­cial in­no­va­tion- risk as­sess­ment and urged the cre­ation of an In­ter­net fi­nan­cial su­per­vi­sory sys­tem.

The procu­ra­torate made a guide­line opin­ion on ap­pli­ca­tion of crim­i­nal laws in the Shang­hai Free Trade Zone (FTZ) last year, cre­at­ing a le­gal guar­an­tee for the de­vel­op­ment of FTZ.

The procu­ra­torate also is­sued opin­ions on preven­tion and in­ves­ti­ga­tion of jo­bre­lated crimes last year. From Jan­uary to Novem­ber 2014, the in­ves­ti­gat­ing and prose­cut­ing ap­pa­ra­tus in the city had filed and in­ves­ti­gated 346 cases on cor­rup­tion in­volv­ing 433 peo­ple, five of whom are bureau chiefs and 31 di­vi­sion direc­tors at the county head level. The au­thor­i­ties in­ves­ti­gated 36 cases of dere­lic­tion of du­ties.

To bet­ter re­spond to the in­crease of cases in some hot fields, the procu­ra­torate con­ducted field re­search on some key is­sues, such as ur­ban­iza­tion and job-re­lated con­sump­tion in State-owned en­ter­prises.

The procu­ra­torate pro­vided ju­di­cial aid for 205 peo­ple from Jan­uary to Novem­ber last year, and 173 ju­ve­niles sus­pected of com­mit­ting crimes re­ceived con­di­tional non-pros­e­cu­tion.

The procu­ra­torate launched some new in­for­ma­tion ser­vices. The peo­ple can look up the pro­ce­dures law­suits on the In­ter­net and re­ceive rel­e­vant in­for­ma­tion by text mes­sage on cell phones. The procu­ra­torate set up stan­dards for trans­la­tors to fa­cil­i­tate the in­ves­ti­ga­tion and pro­cess­ing of cases in­volv­ing for­eign­ers.

The city’s in­ves­ti­gat­ing and prose­cut­ing or­gans ap­proved the ar­rest of 27,716 peo­ple sus­pected of crimes and ini­ti­ated pub­lic pros­e­cu­tion against 40,830 peo­ple in all dur­ing the first 11 months of 2014.


The No 1 In­ter­me­di­ate Peo­ple’s Court in Shang­hai. The city procu­ra­torate has re­ported a 52 per­cent in­crease in pros­e­cu­tions for al­leged fi­nan­cial crimes from Jan­uary to Novem­ber 2014.

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