(Reporter Pei Xiaolan ) 50 -year-old big gray Fengtai District changxindianzhen original factory village party secretary and village committee director YANG , personal decision to land compensation 8 million yuan profit diverted to two friends activities. Reporters learned yesterday, Fengtai Court of First Instance sentenced YANG embezzlement of public funds to 8 years imprisonment .
2007 , the Sixth Ring Road project due to a large ash plant , Fengtai Village section of land acquisition , land acquisition and demolition of Fengtai district government office as Party A , B , and as large gray factory farming village co- signed a requisition compensation agreement , the combined company to obtain land compensation of more than 6,000 yuan.
2008 ,UGG Online, the YANG friends Fumou where the building materials company for its cash flow difficulties , the YANG borrow $ 1 million. YANG After much consideration, the land compensation lent Fumou, and agreed to a 3% interest a year .
Since then ,UGG Boots Sale, Fumou Youxiang YANG loan $ 3.5 million. Prior to the incident ,UGG Sale, Fumou 4.5 million yuan has been repaid in full , according to agreed to pay 13.5 million in interest .
2008 years, and YANG Liu met a friend for seven years , but also to the company cash flow problems by opening the grounds to the YANG $ 1.5 million and 6% interest for one year contract period of one year . In 2009, YANG Liu has loaned $ 2 million. Later, when the departments concerned , the urging of the YANG , Liu money will be repaid in full .
trial , YANG pleaded guilty.
Court held that , YANG not collectively decided about 8 million yuan of land compensation to lend to others for commercial use , and its actions constituted embezzlement of public funds . Given his good attitude , and the diversion of proceeds and interest have been returned , so where appropriate, their sentences.
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