● day had to wash the toilet at the detention center, no one dared to post bail and his partner
● business has plummeted bankruptcy, High Court of Final Appeal ruling in effect the day before yesterday
■ Express reporter Yuya Lian
net worth of over 54 billion Luo Jianxin,
belstaff leather jacket, chairman of the board, because the Two months later, his family paid more than 2000 million Who is out of jail, but the
Express reporter learned yesterday, the Guangdong Provincial Higher People's Court (High Court) of the final judgments entered into force the day before, over his sixtieth Luo Jianxin, was acquitted.
turn of events caught up in prison sooner or later, scrubbing the toilet
2003 年 4 7, a net worth of a billion of business as usual Luo Jianxin Huanggang from Shenzhen to cross the border to return to Hong Kong law. Police suddenly appeared in the pass, warrant it away on the grounds that his alleged contract fraud, more than 2000 million. Luo Jianxin, 54, shocked, His daughter, the police had paid 21.2 million yuan to the According to Luo Jianxin, said the He also said that nearly 8 years later, he has been wearing a all suspended, not only rely on cheap land in back taxes, but also to ground through the corporate debt difficulties. To Meet the He said,
why were arrested after suspected bankruptcy fraud
the cause of the case stems from an economic dispute.
's Court found that: Luo Jian-Xin was born in Dongguan, a Hong Kong resident, formerly of Chang Industrial Co.,
belstaff sale, Ltd. (hereinafter referred to Chang Corporation) chairman.
since 1992,
16-year-old girl was repeatedly molested the hotel, in Chang and China Electronics Import and Export Company, respectively,
10 young people seeking to stimulate gang robbed p, South China Corporation (South China Corporation), and the Guangzhou Machinery and Equipment Import and Export Corporation (hereinafter referred to as the Machinery Company) business, the two companies to the Chang provide light bulbs, ceiling fans, electric irons, electric fans and batteries and other goods, the two companies in the Chang company to pay the purchase price. Later, due to the backlog of goods in the chang company, there is no cash flow, leading to the chang of the two companies together owed the company more than 2000 million purchase price. Subsequently,
belstaff brad jacket, the South China companies and machinery companies were to the Guangzhou Municipal Intermediate People's Court and the High Court of Hong Kong, two places have made the court ruling, the company should pay the money owed Chang money. South China companies and machinery companies to the courts for enforcement, but the court found that in the implementation process, the company had no property available for the implementation Chang, so the case was suspended.
suspended after the court in 1999, the company has changed its name to the original in Den Chang filed for bankruptcy, and related documents will be in the South and machinery companies as creditors of the company. In 2001, Den company officially bankrupt.
the case is already over. But in 2003, Luo Jian-xin suddenly 20 million yuan for alleged contract fraud were arrested. Because the prosecution believes that the Chang and Luo Jianxin company and South China companies, machinery companies trade in the process, part of the contract by way of defrauding the property of the two companies,
belstaff jacken, and later on, he changed the company name, filed for bankruptcy, etc. destruction of books to conceal movement of goods, to avoid the return of money, suspected contract fraud.
conclusion fails to pay part of the normal risk
2008 年 9 months, Guangzhou City Intermediate People's Court Luo Jianxin guilty of a trial, the prosecution appealed his conviction, filed a protest.
the case to trial in the High Court after the sentence is still Luo Jianxin guilty.
High Court the following reasons: Chang company in South China's more than 40% performance of the contract, on the mechanical performance of the contract the company was 80%,
belstaff panther jacket, the actual performance of the contract has been part of the obligations , and the company and another company in the Chang 6 years of total trade amounted to more than 600 million, has never been a late payment, underpayment situation, we can see that in the beginning, Chang is not the company is not the ability to perform the contract, intentional by way of obtaining by deception a contract, the company can not pay the late payment of the circumstances is a normal trade risk, not intentionally to contract fraud.
In addition, the company filed for bankruptcy in Chang, the South China companies and machinery will also be listed as creditors of the company, the existing evidence can not be found in Chang and Luo Jianxin company to bankruptcy to escape debts.
above, High Court that the prosecution alleged contract fraud committed new Law does not hold.
days ago, High Court acquitted the final decision came into effect. Luo Jianxin, from arrest to final acquittal, which lasted more than 7 years.