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Tim Miller

Former Beijing Airport Chief Executed For Stealing £11m

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Would stiffer penalties stop corruption and theft?

The former boss of Beijing airport was executed for corruption yesterday.

Li Peiying, 60, was found guilty of bribery and embezzling £11million since 1995. The method of execution is not known.

His execution came two days after it emerged that the head of China's nuclear power programme was under investigation for alleged corruption.

Last month, the former chairman of China's second-biggest oil company, Sinopec, was convicted of taking £18million in bribes and given a suspended death sentence.

China has long struggled against corruption among high-level Communist Party officials, especially in state-owned enterprises in the energy, transportation and other key sectors that wield vast political influence and access to state financing.

Yesterday, state media reported that two businesspeople were put to death for multimillion-dollar frauds.

The Capital Airports Holding Co., of which Li was chairman, is among the state enterprise elite, operating more than 30 airports in nine provinces with managing assets of more than 100 billion yuan ($14billion) and 38,000 employees, according to the company's website.

The company's airports handle 30 per cent of all airline passenger traffic in China.

In handing down its sentence in February, the Jinan Intermediate People's Court said there was evidence that Li had solicited the bribes, making the crime more serious.

It said the amount of public funds Li stole resulted in 'extremely large economic losses' for the state and constituted an 'extremely serious crime.'

Earlier state media reports said most of the bribes Li took came from Beijing nightclub owner Qin Hui in exchange for $90million in loans or loan guarantees furnished by Capital Airports Holding Co.

According to the reports, Li's corruption lasted from 1995 to 2003, when the investigation began. That would appear to indicate he was relieved of his responsibilities just ahead of a massive expansion of Beijing's airport in preparation for last year's Olympic Games.

The application of the death penalty in corruption cases has come under debate in recent years, with sentiment growing that it should be reserved only for particularly heinous violent crimes.

China puts to death more people every year than all other countries combined, with 5,000 executions expected to take place this year, according to the San Francisco-based Dui Hua Foundation, a human rights monitoring group.

The Chinese government itself does not provide an annual count.

Concern lately has focused on state-run enterprises that are increasingly seeking to compete internationally.

State-owned enterprise executives 'possess power and money, making it easy to give rise to corruption,' Wang Yukai of the China National School of Administration was quoted today in the party newspaper Global Times as saying.

http://www.dailymail.co.uk/news/worldnews/...corruption.html

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Frankly the heads of most of our banks should be getting the same treatment.

Next time someone from the city says, "but we need to pay talent otherwise it will leave for financial centres elsewhere" I'd say great, go to China and if you do there what you did here you'll wind up with a bullet in your head.

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Frankly the heads of most of our banks should be getting the same treatment.

Next time someone from the city says, "but we need to pay talent otherwise it will leave for financial centres elsewhere" I'd say great, go to China and if you do there what you did here you'll wind up with a bullet in your head.

When I was in Turkey I met up with a couple who had just come back from China. They told me about an episode that still shocked them. They were traveling on a train and the girls handbag was emptied, her purse was taken. She reported this to the train guard. Further up the line the train was stopped, the army searched everyone on he train and found the culprit who still had the purse. He was bought to the couple and they were told by the officer "you must tell your people we will not let foreigners be robbed" he then pulled out his pistol and shot the robber in the head! The girl said she had collapsed in tears there and then and told me should would rather she had not reported it and the thief not been shot dead. They don't mess about there.

I have visited China twice, Hong Kong nine times, it's like a lot of places, a smile gets a smile. One thing that I found interesting after visiting a school, only 1 in 1000 go to university, so when you meet a Chinese person with a degree, think of that, they are very bright. If anyone is interested in China and you want to understand why they are the way they are, read Wild Swans by Yung Chang it won the NCR book award in 1992.

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Evidently not. Even a death sentence is not enough deterrence.

Your not wrong, people only seem to be sorry when they are caught!

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Unless we take charge then those robbing us blind will continue to build up forces making it even more dificult to bring them to justice.

MP taking bribes is treason, pure and simple and we have been stuffed so baddly that even when they get caught all they get is a slap rist ! this is not fair jutice and don't exspect any from the courts or judges they control, it all a big con for the rich

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Unless we take charge then those robbing us blind will continue to build up forces making it even more dificult to bring them to justice.

MP taking bribes is treason, pure and simple and we have been stuffed so baddly that even when they get caught all they get is a slap rist ! this is not fair jutice and don't exspect any from the courts or judges they control, it all a big con for the rich

What would it take to bring the MP's back in line I wonder?

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