RIP – YANG YANMING


EXPIRED: 12/08/09 – Yang Yanming, 51, who took the money and ran — but didn’t run fast enough or far enough.

I guess in China, you can really only run so far.

Yanming was the former general manager of the Beijing securities trading department of the China Great Wall Trust and Investment Corp. He held the position from 1997 to 2003, during which time he embezzled millions of dollars.

In China the prosecute embezzlers to the fullest extent of the law. And in chine the fullest extent is pretty damned full. He was executed on Tuesday.

Some opposed the execution so that Yanming would explain where the 65 million yuan ($9.5 million) went. Yang, unfortunately, took the secret to his grave.

“Someone has to take responsibility in this case,” the 51-year-old Yang told a court in Beijing on Tuesday.

Cya, Yang.

READ THE OBIT

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