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Breaking-News >> TodayHistory On October 30, 1998, Yu Fei and his children were severely punished for speculating on land
On this day 27 years ago, on October 30, 1998 (September 11, 1998 in the lunar calendar), Yu Fei and his children were severely fined for land speculation. On October 30, 1998, the Ministry of Land and Resources informed the press that Yu Fei, the former deputy director of the Standing Committee of the People's Congress of Guangdong Province, and his children illegally speculated on land, and their illegal gains would be confiscated and severely fined. It is understood that Yu Fei's involvement in the more than 3,300 mu of land speculation in Daya Bay was discovered during the non-agricultural construction land inventory organized by the former State Land Administration in 1993. After investigation, the joint investigation team composed of the Central Commission for Discipline Inspection and the former State Land Bureau not only further investigated the fact that Yu Fei and his children illegally speculated on land for profiteering, but also obtained comprehensive evidence that Yu Fei used his power to participate in the case. Yu Fei used his power to force the Huizhou City and Daya Bay Development Zone Management Committee to sell land to his children's company. The means were very bad, causing serious losses to the state's land assets and causing extremely bad social impact. Therefore, the Central Commission for Discipline Inspection decided to expel Yu Fei from the party. In March 1998, the relevant departments of Guangdong Province froze the property of the parties concerned. In April, according to the instructions of the Ministry of Land and Resources and the former State Land Bureau, the Guangdong Provincial Department of Land and Land made an administrative penalty decision to confiscate the actual illegal income of 6.60 billion yuan and impose a fine of 83 million yuan on the company run by Yu Fei Children according to relevant laws and regulations. Yu Fei Children refused to accept this and applied to the Guangdong Provincial People's Government for reconsideration, demanding that the "Punishment Decision" of the Land and Land Department be revoked. After that, the Guangdong Provincial Government issued the "Administrative Reconsideration Decision" to uphold the punishment decision of the Land and Land Department. As Yu Fei Children failed to fulfill the punishment decision within the statutory time limit, not long ago, the Guangdong Provincial Land and Land Department applied to the Provincial Higher People's Court for enforcement according to law. At present, the Guangdong Provincial Higher People's Court is enforcing the case according to law. Other illegal acts involved in this case will be investigated by relevant departments according to law. News raw data sources → https://www.abtool.cn/today_detail/15jw.html 17WorldNews[2025.09.12-22:32] 访问:78
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