China executes bank staff for fraud (from ATSNN)

China has executed four people including two employees of one of China's largest state owned banks for fraud. The fraud totaled approximatly 15 million (US dollars). The executions are part of a Chinese government crackdown to reform Chinas finacial sector.



I find this very interesting yet barbaric way of punishing criminals in china. The punishment seems quite harsh and terrible in comparison to our ENRON criminals we have here in the United States.

I wonder what the Chinese government would have done to the top guys in the Enron scandel. Kill them and their family also?

Sad that chances are the accused probably did not get much of a trial and were probably just taken back behind the building and shot.

They did a bad thing if it was proven true but the punishment does not fit the crime.

They executed three for fraud just over a month ago.

(ATS) China executes three men for fraud

A little extreme, I wonder what crimes over there are subject to capital punishment?.

Originally posted by AceOfBase
A little extreme, I wonder what crimes over there are subject to capital punishment?.

I found the following which can be corroborated through other sites.

China prescribes the death penalty for some 68 offences, including some 28 non-violent crimes such as; political crimes, bigamy, bribery, cigarette smuggling, corruption, disturbing the peace, drug-related crimes, economic crimes, financial fraud, forgery, grave-digging theft, pimping, publication of pornographic material, robbing of petrol, sale of counterfeit money, sale of false birth certificates and sterility certificates, sale of false invoices, sale of pelts of pandas, selling harmful foodstuffs, tax fraud, tax evasion, theft of antiques, theft of cows camels or horses, trafficking in national treasures, as well as internet hacking and cyber crimes. China metes out the death penalty to anyone convicted of trafficking 50 grams (1.764 ounces) or more of heroin.

Mass executions have been recorded all over the country. Chinese authorities keep execution numbers a closely guarded secret, but Amnesty International believes the numbers to be more than 15,000 every year, more than the rest of the world's judicial executions combined. The international rights organisation has called the executions a "huge waste of human life", and noted that China has executes more people in three months than the rest of the world executes in three years.

Excerpted from.
www.angelfire.com...

Here is another site in which it states the number of execution in China number 15,000.

Legal system
a complex amalgam of custom and statute, largely criminal law; rudimentary civil code in effect since January 1, 1987; new legal codes in effect since January 1, 1980; continuing efforts are being made to improve civil, administrative, criminal, and commercial law. According to Amnesty International between 1500 and 2000 people are reported executed in mainland China each year. However, some human rights activists believe that not all executions are reported with some estimates of the number of actual executions as high as 15,000. Public sentiment, however, appears to be overwhelmingly in support of the death penalty in response to a perception that crime is a serious problem.

Excerpted from.
www.fact-index.com...

Althou we can see that the first quoted excerpt says that Amnesty International reports there are 15,000 executions or more which are not reported. while on the second it says "some human right activists" believe these executions are as high as 15,000 I have seen others which report up to 20,000 executions a year. We might never know the real numbers, and the above could be exagerations.


----Edited to add a comment-------

[edit on 14-9-2004 by Muaddib]

[edit on 14-9-2004 by Muaddib]