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List:       isn
Subject:    [ISN] Bank manager executed
From:       William Knowles <wk () C4I ! ORG>
Date:       2000-05-31 16:07:24
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http://www.scmp.com/News/China/Article/FullText_asp_ArticleID-20000530131544704.asp

Tuesday, May 30, 2000

ASSOCIATED PRESS in Beijing

A bank manager in Guangdong province has been executed for embezzling
more than 2 million yuan (about HK$1.79 million) by manipulating
computer records, state-run media reported on Tuesday.

Shen Weibiao, a 32-year-old former manager of a Bank of China branch
in Shaoguan city, Guangdong, was executed on Saturday after the
Supreme People's Court rejected his appeal, the Beijing Youth Daily
and other newspapers reported.

Shen and a subordinate were found guilty of using the bank's computer
system to divert money for their own use and to falsify records. Shen
was arrested in 1996 but his suspected co-conspirator remains at
large, the reports said.

Shen reportedly told judges he spent most of the money he took on
stock market investments and entertainment.

The means of execution was not given. Most executions in the mainland
are done by gunshot.


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