日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

Home / Business / Metals Tools: Save | Print | E-mail | Most Read | Comment
Chinese steel executives jailed for tax evasion
Adjust font size:

Two executives of a Chinese privately-owned steel plant were sentenced Friday to five years in prison for tax evasion in the eastern province of Jiangsu, local court sources said.

Dai Guofang, chairman of the Jiangsu Tieben Iron Co. Ltd., and Zhang Xiqing, the company's deputy general manager, were convicted of evading 23.9 million yuan (US$3.5 million) of tax, according to the Changzhou Municipal Intermediate People's Court.

The company was fined 400,000 yuan (US$58,520).

The court said it gave a light verdict as the company had paid back tax before the case was uncovered.

Dai was detained for tax invasion in April 2004, when the case was put in the spotlight. An iron project of the company in Changzhou and Zhenjiang cities was then suspended for being accused of illegal seizure of 436 hectares of land, obtaining loans through forgery and starting construction in June 2003 without approval of local environmental protection department.

The suspension also came when the central government sought to rein in blind investment in a bid to prevent overcapacity and economic overheating.

The project had an expected production capacity of 8.4 million tonnes and a total investment of 10.6 billion yuan (US$1.55 billion).

(Xinhua News Agency April 18, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Comment
Pet Name
Anonymous
China Archives
Related >>
- Merger in line for Tianjin steel makers
- Bayi Steel slips into the red on weak demand
- China opposes EU's anti-dumping duties on steel pipe
- Industry backs steel mills
- Chinese steel group wants 40% cut in iron ore prices

Apr. 11-12, Beijing The Fifth (2008) 'Gold Prize of Round table'of Chinese Boards of Listed Company
Apr. 17-19, Hainan The Boao Forum for Asia Annual Conference 20
Apr. 20-23, Beijing Green Transformation: Forcast New Business Culture
Apr. 27-28, Beijing China Institute Executive Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 天门市| 昌都县| 万安县| 麦盖提县| 开远市| 陆川县| 孙吴县| 舟曲县| 章丘市| 余江县| 景宁| 湘潭市| 南木林县| 老河口市| 渭南市| 舞阳县| 芦山县| 遵义县| 盈江县| 临洮县| 金沙县| 团风县| 响水县| 光泽县| 林西县| 任丘市| 长武县| 许昌县| 葫芦岛市| 隆安县| 土默特左旗| 大悟县| 青铜峡市| 洮南市| 东平县| 西华县| 类乌齐县| 积石山| 宜川县| 英吉沙县| 沽源县|