Print 10 comment(s) - last by GodisanAtheist.. on Feb 26 at 1:21 AM

Top official caught for accepting bribes to frame a business executive

Chinese authorities arrested a top censorship official in Beijing last week, on charges of taking more than 40 million Yuan ($5.85m USD) in bribes for framing a business rival to anti-virus firm Rising.

Yu Bing, head of Beijing’s public security bureau – the organization that handles local enforcement for the Great Firewall of China – was under investigation for framing an executive at rival anti-virus firm Micropoint Technology, allegedly at Rising’s request.

Micropoint executive Tian Yakui ended up spending more than 11 months in prison on charges of authoring computer viruses and breaking into computer networks to steal trade secrets – all based on evidence manufactured by Yu and his associates.

Tian was formerly an executive at Rising before leaving with the company’s managing director to found Micropoint, which endured more than three years of setbacks due to fallout from Tian’s arrest.

Also arrested was Rising vice president Zhao Sizhang, on charges of bribing Yu.

Rising vehemently denied allegations that it framed its competitor.

Meanwhile, Micropoint is preparing to sue Rising for the 30m yuan ($4.39m USD) it claims it lost as a result of Yu and Zhao’s actions.

The Irish Times notes that the arrest has prompted questions “at the senior levels of the communist party” about how China’s enforcement arm runs its Great Firewall – where, generally speaking, nearly every e-mail and web posting is scoured by “net nannies” for discussion on subversive topics such as the banned Falun Gong movement.

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By theapparition on 2/25/2009 7:49:52 AM , Rating: 4
I find this amazing, just for the amount of money that they are being suing for. 4.9mil seems like a drop in the bucket.

If something similar happened in the US, we'd be talking about billions instead. Just another reason why we need some sort of tort reform in the US.

RE: Intriguing
By bankerdude on 2/25/2009 8:48:20 AM , Rating: 2
I agree. Three years of earnings were affected by these charges and they're only going for the amount they feel was directly lost. That's certainly a different approach. On the other hand, it will be interesting to see how much the guy who was wrongly imprisoned sues them for.

RE: Intriguing
By Ratwar on 2/25/2009 12:46:14 PM , Rating: 3
Wait a minute, an article about corruption in China means that the US Civil Court system sucks? Seems to be a bit of a non-sequester as far as I'm concerned. How do we know that $4.9 million dollars is a far amount? If anything, it may be a gross under estimate. Why would Rising pay $5.85 million in bribes just for $4.9 million in business?

RE: Intriguing
By GodisanAtheist on 2/26/2009 1:21:06 AM , Rating: 2
Why would Rising pay $5.85 million in bribes just for $4.9 million in business?

-Uhmm... cause they weren't planning on being caught? It would have paid for itself if they hadn't been arrested.

RE: Intriguing
By greywood on 2/25/2009 5:16:28 PM , Rating: 2
Priceless! Just bloody priceless! The irony of it all.

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