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Court upholds death sentence for 2 bank employees

(Xinhua)
Updated: 2007-09-19 23:02

The theft was reported to police on April 16 by branch managers after they found millions of yuan had gone missing and the Public Security Ministry placed Ren and Ma on its most wanted list.

Police arrested Ma in Beijing on April 18 and Ren in a rented house in Lianyungang, a coastal city in Jiangsu Province a day later. Police said they retrieved about 5.50 million yuan and found that about 45.35 million yuan had been squandered on the lottery.

Five bank officials, including Deng Zhenguo, vice president of ABC's Hebei branch, and four officials in ABC's branch in Handan city, have been sacked.

"Ren and Ma's actions caused huge losses to the country and exerted a very negative impact on the society. Their crimes are extremely serious and the previous verdict is not inappropriate," Wednesday's verdict said.

The court also rejected Zhao's appeal on Wednesday.

The death sentence for Ren and Ma will be reported to the Supreme People's Court for approval, a spokesman of the Hebei court said.

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