Another trust chairman was banned for life!The company was fined 7 million!

China Fund reporter Yishan

Following the chairman of the former Zhongjiang Trust (now Cedar International Trust), Zhao Limin, the former chairman of the new era trust company, was also banned for life!

Recently, the official website of the Inner Mongolia Banking Regulatory Bureau disclosed several tickets. In the new era, the trusts in the new era were not responsible for their duties and the supervisory committee, and did not effectively play the role of supervision and restrictions. Yuan. Zhao Limin, former chairman of the new era trust, and Hu Yufeng, chairman of the New Era Trust Supervisory Board, were banned from engaging in the banking industry for life. Chen Xiangsheng, president of the new era trustworthy, was also intended to prohibit the life of the banking industry.

It is worth noting that according to public disclosure information, in 2021, there were only one trust practitioner who was regulated by the forbidden industry for life. There are also former Zhongjiang Trust Chairman Qiu Qiang, Li Ge, the general manager of the original capital operation of CITIC Trust, Lin Wei, the former senior trust manager of the foreign trade trust, Lin Weihong, Xinhua Trust Wang Aihong, Xinhua Trust Yang Tong, and Xinhua Trust Zhan Chunguang.

According to incomplete statistics, as of now, 18 trust companies have been regulated during the year, and the total fined amount exceeds 50 million yuan. Among them, Xinhua Trust has the biggest penalty in the year, with a single penalty of 14 million, while China Railway Trust and the New Era Trust were arranged for two or three for the penalty of 8.6 million yuan and 7 million yuan, respectively.

In terms of trust in the new era, official website information shows that the company was established in January 1987 and was formerly known as Baotou Trust Investment Company. In June 2009, it was approved by the China Banking Supervision and Administration Commission to change its name to the New Era Trust Co., Ltd. and renamed a new financial license. In August 2016, the company's registered capital increased to RMB 6 billion. At present, the company's business involves many fields such as urban infrastructure construction, financial industry, securities investment, equipment manufacturing, commercial service industry, education and medical and health undertakings.

On July 17, 2020, the China Banking and Insurance Regulatory Commission decided to take over the trust in the new era. On July 15 this year, the Inner Mongolia Banking Regulatory Bureau approved the qualifications of Wang Fei's New Age Trust. On July 28, the New Era Trust issued an announcement saying that it was approved by the Inner Mongolia Banking Regulatory Bureau. From July 16, 2022, Cai Chengwei was duty to fulfill the chairman of the new era. It is understood that the company's new chairman and president are from CITIC Trust. Among them, Cai Chengwei was the deputy general manager of CITIC Trust, and Wang Fei was the deputy general manager of the CITIC Trust and Compliance Department.

The following is a summary of the information of the trust of the trust in the new era.

11 cases involved were fined 7 million yuan

According to the public information of administrative penalties, on June 20, the New Era Trust Co., Ltd. due Article (4) stipulates that it is fined 7 million yuan by the Inner Mongolia Banking Regulatory Bureau.

The facts of the main illegal illegal and violations include: the board of directors did not perform their duties in place, and did not conduct a related transaction review; the supervisory committee's performance was not in place, and the role of supervision and restriction was not effectively played; Related enterprise financing; use trust funds to raise funds to related enterprises; seal management is irregular, use India to supervise out of control; carry out off -account operations in violation of regulations; use inherent funds for industrial investment; do not account for the trust business separately; put different trust plans to invest in the same project; No pledged guarantee in accordance with the prescribed procedures.

The former chairman and others were banned for life

According to the public information of administrative penalties, two responsible persons were "prohibited from working for a lifelong work" in this batch of fines. Zhao Limin, former chairman of the New Era Trust, and Hu Yufeng, Chairman of the New Era Trust Supervisory Board.

Among them, Zhao Limin's main illegal and illegal facts are those who have not performed their duties in the board of directors of the New Era Trust Co., Ltd., and have not carried out the responsible persons of unified transactions for illegal matters.

The fact that Hu Yufeng's main illegal and illegal facts were the responsibility of the supervisory board of the New Era Trust Co., Ltd., and did not effectively play the responsible person of the illegal matters of the supervision and restrictions.

In addition, according to the administrative penalties disclosed by the Inner Mongolia Regulatory Bureau on August 3, Chen Xiangsheng, president of the Trust Original Trust, was also intended to ban his life.

Inner Mongolia Banking Regulatory Bureau said that during the work of the New Era Trust Co., Ltd., Chen Xiangsheng was a direct responsible person in violation of regulations such as the company's operating levels that did not carry out business and violate off -account operations in accordance with authorization management.

At the same time, during the work of the New Era Trust Co., Ltd., the bank did not handle the direct responsible person of the pledge guarantee violation in accordance with the prescribed procedures, and was banned from working in the banking industry for 1 year.

Another 4 responsible person was fined

Among the batch of tickets, four responsible persons were fined 1.1 million yuan. Fund Jun's fines from high to low are sorted as follows:

Yan Feng, vice president, was fined 500,000 yuan. The main causes of violations and regulations were: New Era Trust Co., Ltd. Co., Ltd., through the inherent business and allocation of financial expenses, financing to related enterprises and using trust funds to financing violations of related enterprises.

The president assistant Cui Yanhui was fined 300,000 yuan. The main causes of violations of laws and regulations were: New Era Trust Co., Ltd. illegally through trust projects to raise funds to related enterprises, conduct off -account operations in violation of regulations, use inherent funds to invest in industrial investment, invest in different trust plans to the same way to the same The person responsible for the project of the project.

Vice President Bian Fengjie was fined 200,000 yuan. The main causes of violations of laws and regulations were: New Era Trust Co., Ltd. illegally passed the trust project to the person in charge of financing violations of related enterprises.Li Yongfeng, assistant to the president, was fined 100,000 yuan. The main facts of illegal illegal and violations were: New Era Trust Co., Ltd. did not account for the person responsible for violations of the trust business separately.

Edit: Xiao Mo

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