Bian Yuye Held in Detention for 168 Days; Case-Handling Authorities Found No Profit from the Property Transactions Involved
Bian Yuye, former chairman of Dafeng Rural Commercial Bank in Jiangsu, was accused of embezzling more than 15.9 million yuan and was held in detention (liuzhi) at a detention site in Zhangjiagang for 168 days. According to a September 23 report by investigative journalists Wu Yingjiao and Liu Hu, after the case-handling authorities checked the accounts, real estate and wealth-management products of him and his relatives, they found no evidence that he profited from the transactions of the two properties involved in the case; his defense lawyer entered a not-guilty plea.