首页  | 新闻播报

Convicted tycoon asks court for help

中国日报网 2013-07-08 10:31

Get Flash Player

Download

The attorney of a former tycoon who filed a lawsuit against the government of an East China city for illegally confiscating her assets has urged the court to accept the case.

Wu Ying, once one of China's richest businesswomen, received a suspended death sentence in a high-profile illegal fundraising case. In her plea, Wu and her Bense Holding Group claimed that the Dongyang city government illegally asked local police to seal the assets of her company in 2007.

Lin Wencai, Wu's attorney, told China Daily on Sunday that Wu and her company filed the lawsuit against the Dongyang government on May 9, but so far the Intermediate People's Court of Jinhua has not accepted the case. "We hope the court takes the case," Lin said.

He said the court holds that the Bense Holding Group has grounds to sue the government, but the indictment requires the official seal of the company.

However, police in Dongyang, where Bense Group was located, confiscated the company's seal in 2007 and would not return it, the attorney said.

Wu was sentenced to death in 2009 for illegally raising 390 million yuan ($63.6 million) from investors between 2005 and 2007. The death penalty was controversial among legal professionals, as many questioned whether it should be applied to economic crimes.

The top court overturned the death sentence and gave her a suspended sentence last year.

According to legal procedures, only judicial organs have the authority to seal the assets of the accused, but the indictment of Wu said the Dongyang government illegally froze her assets and would not turn them over to prosecutors. So the assets could not be auctioned publicly, and Wu was unable to repay her debts to investors.

Wang Peng, a lawyer with Hanwei Law Firm in Beijing, said if the court refuses to accept the lawsuit, it is in accordance with law as the company has to provide legal documents.

Lin, on behalf of Wu, said he had asked police in Dongyang to return the seal to Bense Group, but police said that doing so would need approval from the local government.

According to Wu's father, the Dongyang government sealed 37,000 square meters of Bense Group properties as well as jewelry worth 127 million yuan. It also valued the company's assets at 170 million yuan, which Wu's father said was undervalued.

Wu Ying's condition was well and she was mostly concerned of the disposal of those seal assets, Lin said on Sunday, who met Wu last month.

Questions:

1. What was the name of Wu Ying’s company?

2. Who is Wu Ying’s attorney?

3. Where was Bense Group located?

Answers:

1. Bense Holding Group.

2. Lin Wincai.

3. Dongyang.

(中国日报网英语点津 Helen 编辑)

About the broadcaster:

Lance Crayon is a videographer and editor with China Daily. Since living in Beijing he has worked for China Radio International (CRI) and Global Times. Before moving to China he worked in the film industry in Los Angeles as a talent agent and producer. He has a B.A. in English from the University of Texas at Arlington.

中国日报网英语点津版权说明:凡注明来源为“中国日报网英语点津:XXX(署名)”的原创作品,除与中国日报网签署英语点津内容授权协议的网站外,其他任何网站或单位未经允许不得非法盗链、转载和使用,违者必究。如需使用,请与010-84883561联系;凡本网注明“来源:XXX(非英语点津)”的作品,均转载自其它媒体,目的在于传播更多信息,其他媒体如需转载,请与稿件来源方联系,如产生任何问题与本网无关;本网所发布的歌曲、电影片段,版权归原作者所有,仅供学习与研究,如果侵权,请提供版权证明,以便尽快删除。
本文相关阅读
5af95d3ba3103f6866ee845a

Web giants face off in court

5af95d3ba3103f6866ee845a

Ex-tycoon spared capital punishment

5af95d3ba3103f6866ee845a

Five in court over sale of teen's kidney

订阅和关注
人气排行