Cai Xiyou (Chinese: 蔡希有; pinyin: Cài Xīyǒu; born August 1961) is a Chinese economist who served as general manager of the Sinochem Group from 2014 to 2016, while he was sacked for graft.[3][4] On July 6, 2017, he had been stripped of his post and party membership.[5] Cai had political ties with Su Shulin, former deputy party chief and governor of Fujian province.[6]

Cai Xiyou
蔡希有
BornAugust 1961 (age 63)
Alma materLiaoning University of Petroleum and Chemical Technology
OccupationEconomist
Years active1995–2017
Agents
TitleGeneral Manager of the Sinochem Group
Term28 August 2014 - 7 November 2016
PredecessorLiu Deshu[1]
SuccessorZhang Wei[2]

Career

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Cai was born in August 1961 in Dandong, Liaoning province. After graduating from Fushun Oil College (now Liaoning University of Petroleum and Chemical Technology) in 1981, he was assigned to Sinopec Group. Beginning in 1998, he served in several posts in Sinopec sales company, including deputy general manager, executive deputy general manager and general manager. In December 2001, he was promoted to general manager and party boss of the China International United Petroleum & Chemicals Co., Ltd. (UNIPEC). In April 2003, he was vice-president of Sinopec Group, rising to senior vice-president in November 2005. In 2012 he was appointed president of the Sinopec Engineering (Group) Co., Ltd. (SEG). In August 2014, he was promoted again to become president of the Sinochem Group.[7][8]

Downfall

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On February 6, 2016, the Central Commission for Discipline Inspection said that Cai Xiyou has come under investigation for "serious legal violations" in a statement on its website.[9][6] In March 2016, Cai was stripped of his post. In July 2017, the procuratorate has placed a case on file to investigate Cai Xiyou, and he was removed from membership of the Chinese Communist Party.[10]

On December 26, 2018, Cai was sentenced to 12 years in prison and fined three million yuan for taking bribes worth 53.67 million yuan in Tai'an People's Intermediate Court.[11][12]

References

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  1. ^ 刘德树任中化董事长 蔡希有任总经理. ce.cn (in Chinese). 2014-08-28.
  2. ^ 张伟任中国中化集团公司总经理. ce.cn (in Chinese). 2016-11-07.
  3. ^ "China starts investigation of Sinochem Group president Cai Xiyou". CNBC. 2016-02-06.
  4. ^ Huang Kaiqian (2016-02-07). 中化集团总经理蔡希有被查 疑涉神秘商人徐京华. Tencent (in Chinese).
  5. ^ 中化集团原总经理蔡希有被双开:对党不老实,搞钱色交易. 163.com (in Chinese). 2017-07-06.
  6. ^ a b 蔡希有被双开:曾海量饕餮法国红酒. takefoto.cn (in Chinese). 2017-07-06. 2014年11月24日至12月24日,中央第六巡视组对中石化进行了专项巡视,此时苏树林已经调走了3年,而蔡希有刚刚转任中化。蔡到中化上任的第一个月,就前往福州拜会了苏树林。
  7. ^ "China starts investigation of Sinochem Group president Cai Xiyou". reuters. 6 February 2016. Retrieved 5 October 2019.[dead link]
  8. ^ "Cai Xiyou, President of Sinochem Group, visits Sinofert Jilin and Heilongjiang". sinofert.com. 2015-08-06.
  9. ^ xinhua (7 February 2016). "Sinochem senior official under investigation". china.org.cn. Retrieved 5 October 2019.
  10. ^ 中化集团原总经理,中石化原党组成员蔡希被"双开". ce.cn (in Chinese). 2017-07-06.
  11. ^ Han Wei (27 December 2018). "Former Sinochem Chief Gets 12 Years in Jail for Graft". caixinglobal. Retrieved 5 October 2019.
  12. ^ Lee Jeong-ho (27 December 2018). "Former Sinochem general manager Cai Xiyou jailed for 12 years for corruption; latest official to fall in China's crackdown". South China Morning Post. Retrieved 5 October 2019.
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Business positions
Preceded by
Liu Deshu (刘德树)
General Manager of the Sinochem Group
2014–2016
Succeeded by
Zhang Wei (张伟)