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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Aug. 5 (Xinhua) — Tan Ruisong, former chairman of Aviation Industry Corporation of China, Ltd., has been charged with accepting bribes, insider trading and disclosing insider information, the Supreme People's Procuratorate (SPP) said Tuesday.
The case against Tan Ruisong was filed by the Dalian City People's Procuratorate in Northeast China's Liaoning Province following an investigation by the National Supervisory Commission of the People's Republic of China and the Chaoyang City Public Security Bureau in Liaoning Province. It will be tried by the Dalian City Intermediate People's Court.
The prosecutor's indictment states that Tan Ruisong is accused of abusing his official position to illegally appropriate public property on an especially large scale and to benefit third parties, for which he illegally received especially large sums of money and material assets.
With insider information, Tan Ruisong repeatedly participated in securities trading during sensitive periods and disclosed such information to others to carry out relevant trading activities, the NPC said in a statement.
During the trial, prosecutors informed the defendant of his procedural rights, questioned him, and heard the opinion of his lawyer. -0-
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