On the evening of May 9, a seemingly ordinary press release broadcast by Xinhua News Agency revealed major news: Guo Xingwang, director of the International Cooperation Bureau of the Supreme People’s Procuratorate, said, china Procuratorial Press the technical department and software company have developed a “capital flow analysis system” to quickly lock key accounts and improve the handling efficiency by introducing Bank flow and analyzing transaction directions.
The International Seminar on financial investigation hosted by the Hong Kong Independent Commission Against Corruption was held in Hong Kong on the 9th. With the theme of “cracking down on corruption and cutting off financial resources”, more than 200 representatives from many anti-corruption law enforcement, judicial and regulatory agencies attended the seminar.
Guo Xingwang, director of the International Cooperation Bureau of the Supreme People’s Procuratorate, expressed his gratitude to the ICAC for its support and assistance to mainland procuratorial organs in tracing criminal assets across borders over the years. Guo Xingwang said in his speech that the financial investigation started from checking accounts and found traces and facts of crimes, providing conclusive evidence for conviction and sentencing. The contents of the investigation include searching, freezing, sealing up and seizing the funds, property and articles involved in the case, so as to recover, confiscate and return the assets involved through the investigation.
He introduced that in order to crack down on crimes and find out the source and destination of funds involved in the case, the China Procuratorial Press Technical Department jointly developed the “capital flow analysis system” with the software company, through the introduction of bank flow, analyze the transaction direction to quickly lock key accounts and improve the handling efficiency. In addition, the “judicial accounting audit system” also improves work efficiency.
Guo Xingwang said that the Supreme People’s Procuratorate actively uses relevant international conventions, treaties, agreements, cooperation memorandum of understanding and so on to carry out cooperation with relevant countries in terms of extradition, criminal judicial assistance and asset return. In January 2017, the supreme law and the supreme inspection jointly issued the provisions on several issues concerning the application of the procedures for confiscation of illegal income in criminal suspects and defendants escaping and death cases. It has effectively promoted the application of illegal income confiscation procedures in practice. He stressed that adding “special confiscation procedure for illegal gains” to the criminal procedure system in mainland China is a major breakthrough in China’s criminal procedure system. To perfect and perfect China’s criminal procedure system, it is of great significance to protect the national collective and individual rights and interests.
Extended reading:
Xinhua news agency: the number of individuals involved in the inquiry of bribery crime files in 2016 exceeded 10 million for the first time.
The reporter learned from the supreme inspection on May 9 that in 2016, the National procuratorial organs accepted more than 500 million inquiries on bribery crime files, involving more than 5.4 million units (times) and more than 1,100 million individuals (times), year-on-year growth of 39.4%, 26.4% and 46.1% respectively, involving the first number of individuals exceeding 10 million.
Among them, the highest inspection record of duty crime and bribery crime file inquiry management center has accepted 1288 inquiries of bribery crime files, involving more than 7700 units (times) and more than 6400 individuals (times). In the whole year, more than 1,400 units with bribery criminal records and more than 1,100 individuals were disposed of, in order to curb bidding, government procurement, bribery crime and promotion of credit construction have played a positive role in financing and credit and other fields.
It is reported that recently, the relevant departments of the supreme inspection and anti-corruption administration also signed a memorandum of cooperation with Alibaba (China) Co., Ltd. and Zhejiang Ant Small and Micro Financial Service Group Co., Ltd. on the investigation and application of bribery crime files. This move will help further curb commercial bribery.
According to the memorandum, the relevant departments of the supreme inspection and anti-corruption administration will provide Alibaba and Ant Financial with fast and convenient file inquiry services for bribery crimes according to law, and provide prevention and control of commercial bribery as needed, to prevent the company from operating criminal legal risks and other assistance; Alibaba and Ant Financial will conduct bribery crime file inquiry in bidding and purchasing, Taobao seller review, participation in anti-money laundering, financial risk control and other aspects, the units and individuals with criminal records of bribery after inquiry shall be disposed of in accordance with the law.
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On the evening of May 9, a seemingly ordinary press release broadcast by Xinhua News Agency revealed major news: Guo Xingwang, director of the International Cooperation Bureau of the Supreme People’s Procuratorate, said, on China Procuratorial Press, the technical department and software company developed the “capital flow analysis system”, through the guide