Former chairman of Chinese aviation industry corporation indicted

BEIJING -- Tan Ruisong, former board chairman of the Aviation Industry Corporation of China, Ltd., has been indicted for suspected bribery, insider trading and disclosing inside information, the Supreme People's Procuratorate (SPP) said Tuesday.
Upon the SPP's designation, a procuratorate in the city of Dalian, Liaoning province, filed the prosecution after investigations by the National Commission of Supervision and the police department of Chaoyang, Liaoning.
Tan is accused of abusing his various positions to embezzle public assets, seek illicit gains for others and accept significant bribes in return, both involving particularly large sums, according to the SPP.
While in possession of non-public information, Tan repeatedly engaged in securities trading during sensitive periods and disclosed such information to others for related trading activities, the SPP said.
Prosecutors had informed the defendant of his litigation rights, interrogated him and listened to the lawyers' opinions, according to the statement.
The case has been filed at the intermediate people's court of Dalian.
- Former chairman of Chinese aviation industry corporation indicted
- China unveils 2025-2030 plan to promote healthy environments
- Xinjiang youths participate in 11-day public welfare summer camp in Beijing
- Chinese scientists uncover distribution pattern of dryland biocrusts for better sand control
- China upgrades flood emergency response in 4 regions
- Hong Kong issues top rainstorm warning