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Dong Guoqun, former deputy general manager of the Shanghai Stock Exchange, was “double opened”: corrupt behavior throughout his career, seeking benefits for others in matters such as corporate listings and corporate supervision

Dong Guoqun, former member of the Party Committee and deputy general manager of the Shanghai Stock Exchange, was investigated for serious violations of discipline and law. He had used other people’s securities accounts for a long time to speculate in stocks and illegally invested in companies planning to be listed.

The website of the Central Commission for Discipline Inspection and the National Supervisory Commission reported on February 15 that according to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission of the China Securities Regulatory Commission and the Zhejiang Provincial Commission for Discipline Inspection and Supervision: Recently, with the approval of the Central Commission for Discipline Inspection and the National Supervisory Commission, the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission of the China Securities Regulatory Commission and the Taizhou City Supervisory Commission of Zhejiang Province conducted a disciplinary review and supervisory investigation on the serious violations of discipline and law by Dong Guoqun, former member of the Party Committee and deputy general manager of the Shanghai Stock Exchange.

After investigation, Dong Guoqun lost his ideals and beliefs, was disloyal and dishonest to the party, and deliberately attempted to confront organizational censorship and investigations, colluded with others, and transferred and concealed stolen money and goods; ignored the spirit of the eight central regulations, he indulged in wine fairs and dinners, and regarded private clubs as “personal canteen”, still accepted many banquets from management service clients during central inspections; he accepted golf activities arranged by management service clients for a long time, but still did not repent after being given disciplinary sanctions; The bottom line of integrity has been lost, and valuable gifts and large-amount consumption cards have been illegally accepted; long-term borrowing of multiple securities accounts to stock stocks, illegally taking shares in many companies planning to be listed, arranging others to act as “white gloves”, concealing the identity of “shadow shareholders”; corruption has been carried out throughout his career, seeking benefits for others in matters such as corporate listing, company supervision, deposit of large amounts of funds, and project construction, and illegally accepting equity, cash and other property, with a particularly huge amount.

Dong Guoqun seriously violated the party’s political discipline, integrity discipline, and work discipline, constituted a serious job violation and was suspected of accepting bribes. He still did not know whether to stop after the 18th, 19th and even 20th National Congress of the Communist Party of China. His nature was serious and the impact was bad., should be dealt with seriously. In accordance with the “Regulations on Disciplinary Punishment of the Communist Party of China”,”Supervision Law of the People’s Republic of China”,”Law on Administrative Punishment of Public Officials of the People’s Republic of China” and other relevant regulations, after research by the Party Committee of the China Securities Regulatory Commission, it was decided to expel Dong Guoqun from the party; the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed in the China Securities Regulatory Commission studied and decided to give Dong Guoqun the sanction of administrative dismissal; his disciplinary and illegal income was confiscated; After research by the Taizhou City Supervisory Committee of Zhejiang Province, it was decided to transfer Dong Guoqun’s suspected crime to the procuratorate for review and prosecution in accordance with the law, and the property involved was transferred together.

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