Published 19 days ago • loading... • Updated 19 days ago
The Former President of the Tianjin Auction Association Arranged for His Daughter-in-Law and Others to Participate in the Auction, Reaping Millions in Profits.
Ma Chi, former president of the Tianjin Auction Industry Association, abused his position to assist the court in disposing of real estate in question, manipulating judicial auctions and embezzling over 15.98 million yuan (RMB) of state-owned assets at low prices. He was sentenced to 15 years in prison. Recently, the case was included as a reference case in the mainland court case database, attracting widespread attention.
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Ma Chi, former president of the Tianjin Auction Industry Association, abused his position to assist the court in disposing of real estate in question, manipulating judicial auctions and embezzling over 15.98 million yuan (RMB) of state-owned assets at low prices. He was sentenced to 15 years in prison. Recently, the case was included as a reference case in the mainland court case database, attracting widespread attention.