and does not constitute a related crimes.

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According to the complaint, Kwan Leung in June 2003 to August to Mayaw, to help the New China Life Insurance Company underwriting the China Agricultural Development Bank of insurance business, and Ma Yue, the actual operation of the policy constant investment Consulting Co., Ltd. of New China Life Insurance Company stock and consulting on behalf of defrauding the capital of 3 million yuan of New China Life Insurance Company. court for three years, New China Life chairman Guan Guoliang charged with misappropriation of funds and embezzlement of a case have a judgment. Of First Instance sentenced to six years in prison for embezzling 200 million yuan of funds investment management, Kwan Leung misappropriation of funds by the Beijing Second Intermediate People's Court to give his brother control the company. Due to allegations of insufficient evidence, and the remaining two misappropriation of the facts and the the embezzlement name has not been identified. Charged with 3 million funding of the occupation of New China Life Insurance and Kwan Leung conspiracy Mayaw were acquitted. Guan Guoliang defense counsel believes that the consulting contract signed by the New China Life Insurance Company and policy constant is the true meaning of the expression of the parties, Kwan Leung and Ma Yue conspiracy to defraud the property of the New China Life Insurance Company policy constant in accordance with the contract to provide consulting services. Kwan bright arrangement Xinhua Life Insurance Company to pay 3 million yuan of policy constant is a lawful act to perform the contract and the normal conduct of operations, and does not constitute a related crimes. as early as September 23, 2006, Insurance Regulatory Commission officially sent inspection groups to investigate the operation of the New China Life Insurance funds, misappropriation of company funds, Kwan Liang Ren Xinhua Life chairman eight years, the cumulative 130 million, or demolished shares lent to the diverse interests of partners and ultimate control of the New China Life Insurance, or for large-scale illegal investments in real estate and other fields, to the crime of fashion, 2.7 billion yuan fails to return. Prosecuted the police to the prosecution, Kwan Leung alleged misappropriation of the amount of money is reduced to 650 million yuan. 2008 annual inspection party to prosecute, the number of misappropriation of funds into a 261 million yuan. misappropriated 200 million yuan investment to his brother November 16, 2007, Kwan-liang was discovered by police and brought to justice. It is understood that off the star through the investment company from the New China Life Insurance diverted to 200 million yuan invested in real estate projects, and access to more than 100 million yuan of profits. After the incident, the police recovered through the investment company to acquire an illegal interests. After the verdict, Kwan Leung is not yet clear whether an appeal. Kwan Kwok Leung in accordance with the judgment of first instance has been more than four years in custody will be released next year. two counts only finds a case the first hearing in November 2008, Kwan Leung argued that companies such as China Ying belongs to the East Group, a subsidiary company or equity relationships of the company, Eastern Group and the New China Life Insurance - over the years have a lot of money exchanges, the alleged movements of capital is only lending, Xinhua Life Insurance Company on the repayment of the Eastern bloc. Morning News reporter Yan Fei misappropriation of the amount involved repeatedly shrink? misappropriated amount is a drastic shrinkage of the prosecution side, the case review by the relevant departments, most of the funds have been characterized for lending, not a crime. First instance verdict, Kwan Leung misappropriation of the amount of re-reduced, the court finds that the misappropriation of funds, the amount of the sum of 200 million yuan, the other two of a total of 61 million yuan misappropriated accused of lack of evidence, were not identified. evidence of heterogeneous materials, the complexity of the case, the case hearing for three years after the judgment of first instance. The court held that the off light misappropriation of funds convicted of misappropriation of the amount of 200 million yuan. However, the duties of its partnership with Mayaw embezzlement allegations of lack of evidence, the alleged crime can not be established. Mayaw related crimes not guilty, acquitted. 51-year-old Kwan Leung since 1998, New China Life chairman. According to the prosecution alleged, Kwan Leung alleged misappropriation of funds of 261 million yuan, as well as suspected, together with the Shanghai policy Heng Investment Consulting Co., Ltd. Mayaw defraud Xinhua Life Insurance, 300 million yuan of funds. prosecution alleged off bright misappropriation of funds there are three items, first, in October 2004, the Kwan Leung advantage of his office, and false nominal borrowing requirement to self-build project of the New China Life Insurance Company, the New China Life The company's capital of 200 million yuan unauthorized use of his brother off the country star as the legal representative of Heilongjiang through Investment Co., Ltd., for investment and business activities, for personal gain. Beijing the Huaying Real Estate Co., Ltd. In addition, Kwan Leung misappropriation of 30 million yuan for his brother off the country star business Heilongjiang Star Investment Limited in 2003 and the diversion of 31 million yuan to relevant peace operation.