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King&Capital's Mr. Zhang Qiming "successful rescue", suspected of fraud 2.6 billion yuan of a listed company executives were released on bail pending trial
Released on:2023-06-07

Recently, Mr. Zhang Qiming, a senior partner of Beijing King&Capital Law Firm, was commissioned as a defender for Zhang Mou (a pseudonym), an executive of a listed company, who was suspected of contract fraud, which involved an amount of over 2.6 billion. Mr. Zhang Qiming actively communicated with the case-handling authorities, met with the detention center to understand the case, and the client was changed to be released on bail pending trial at the stage of public security investigation and regained his freedom.

Zhang a vice president of a listed company, because of suspected contract fraud by the public security on May 6, 2023 to be criminal detention. In order to attract investment and give full play to the financial leverage effect, local governments tend to introduce quality industrial projects from outside. It is not uncommon for the government to personally invest in cooperation with private enterprises. But in recent years, the investment recovery difficulties, cooperation between the two sides originally qin and music, now the war, by the economic disputes evolved from the criminal cases continue to increase, this case is a typical example.

After accepting the commission of the family, Mr. Zhang Qiming went to the detention center to meet and understand the basic facts of the case. This case involves the national enterprise cooperation and investment matters, involving a wide range of people, the amount of money, the case is complex, after a full search of the case, combing the organizational structure of listed companies and major events schedule, Zhang lawyer from the degree of participation of executives in the unit of the crime into, and actively communicate with the authorities, the successful realization of the cut of criminal responsibility. 2023, June 5, the investigation authorities of the suspects Zhang made the decision to release on bail pending trial.

Although it is efficient to intervene in economic disputes by criminal means, private enterprises often suffer huge losses. The successful release of the client in this case is in line with the policy orientation of the Party and the State to protect private entrepreneurs, highlighting the role and value of defense lawyers.