The former Chief Financial Officer, Li Jianfei, of Northwest Rubber and Plastics Research and Design Institute Limited Company, has been expelled from the party.
On June 16, according to the WeChat public account of "ChemChina Qingfeng Online", recently, the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State Supervision Commission stationed in China National Chemical Corporation conducted disciplinary review and supervision investigation on Li Jianfei, former chief financial officer of Northwest Rubber and Plastic Research and Design Institute Limited Company under China National Chemical Corporation in Weinan District, Xianyang City, Shaanxi Province. After investigation, it was found that Li Jianfei, as a party member leader of a state-owned enterprise, disregarded the spirit of the Eight-point Regulations of the Central Committee, breached the bottom line of integrity, received excessive remuneration in violation of regulations, engaged in profit-making activities against relevant regulations, and had others hold shares of non-publicly listed companies; colluded with others to illegally possess public property; took advantage of his position to embezzle huge amounts of public funds for profit-making activities. Li Jianfei seriously violated the Party's integrity discipline, committed serious illegal acts in his job, and is suspected of corruption and embezzlement of public funds. He did not stop after the 18th National Congress of the Party, and continued without restraint after the 19th and 20th National Congresses, with serious nature and adverse impact, and should be severely dealt with. In accordance with relevant regulations such as the "Disciplinary Regulations of the Communist Party of China", the "Supervision Law of the People's Republic of China", and the "Administrative Sanctions Law for Public Servants of the People's Republic of China", after research by the Party group of China National Chemical Corporation, it was decided to expel Li Jianfei from the Party and adjust his retirement benefits in accordance with regulations; confiscate his illegally obtained gains; the Xianyang City Weinan District Supervision Commission of Shaanxi Province will transfer his suspected job-related criminal issues to the procuratorial organs for review and prosecution, and the relevant property involved will also be transferred.
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