According to a report on the website of the State Supervision Commission of theCentral Commission for Discipline Inspection on January 3, on December 31,2019, the Intermediate People's Court of Yueyang City, Hunan Province held acase of Peng Xufeng and his wife Jia who were suspected of "HongtongPersonnel" applying for bribes and confiscating illegal money launderingPublic hearing. The verdict was announced on January 3, 2020. Thecourt ruled that Peng Xufeng and Jia's illegal income in China wereconfiscated, including RMB 10,389,238,238 yuan, gold products and 5 properties,2.5 million euro bonds, and 500,000 in Australia, Cyprus, Singapore, SaintKitts and Nevis US dollars. We will continue to recover the insufficientportion of Peng Xufeng and Jia's illegal gains.

The investigation found that from 2010 to 2017, the criminal suspect PengXufeng, alone or with the criminal suspect Jia et al., Used Peng Xufeng as thedeputy director of the Housing and Construction Committee of Changsha, thesecretary of the party committee and chairman of the Changsha Rail TransitGroup Co., Ltd. In order to obtain benefits for related units and individualson engineering contracting, land lease, equipment procurement, etc., andreceived relevant units and personal property of 2,38,992,565,600 yuan, and $120,000, from 2012 to 2017, the criminal suspect Jia Si The proceeds from thecriminal suspect Peng Xufeng's bribes were 4,299,603,495 yuan, which weretransferred overseas through underground banks or borrowing other people'saccounts. Peng Xufeng and Jia fled abroad on March 24 and March 10, 2017,respectively, and there are no relevant reports.

The Yueyang Intermediate People's Court held that there was evidence in thiscase that the suspect Peng Xufeng was guilty of bribery, Jia guilty of bribery,and money laundering. The procuratorial organs applied for theconfiscation of the relevant property of Peng Xufeng and Jia at home andabroad, belonging to their illegal income and other property involved in thiscase, and the illegal income confiscation procedure was applied in accordancewith the law. The court made the decision.

According to the public resume, Peng Xufeng was born in Shuangfeng, Hunan inMay 1966. He holds a bachelor's degree, a master's degree in engineering and asenior engineer's degree.

According to China Youth Daily, Peng Xufeng's father has been an official inLoudi for many years. After graduating from Peng Xufeng University, hereturned to his hometown of Loudi. He was later transferred to the HunanProvincial Construction Department as deputy director of the Tendering Office,and soon became deputy director of the Changsha Construction Committee. Accordingto reports, Peng Xufeng divorced his first wife shortly after serving on theChangsha Construction Committee. The ex-wife settled in Canada with herchild.

In 2010, according to the information released by the Organization Departmentof the Changsha Municipal Party Committee, Peng Xufeng served as chairman anddeputy director of the Construction Committee of Changsha Rail TransitGroup. Two years later, he stepped down from the position of deputydirector of the Changsha Construction Committee and continued to serve aschairman of the Changsha Rail Transit Group. In 2015, Peng Xufeng alsoserved as Party Secretary, Party Secretary and Chairman of Changsha RailTransit Group.

According to China Youth Daily, during Peng Xufeng's chairmanship of ChangshaRail Transit Group, the Changsha Metro began to develop at a high speed, andmultiple subways in the urban area were launched simultaneously. "Nomatter who Peng Xufeng cares for, he can become a multi-millionaire. Peoplecome to visit him every day and ask for dinner. There is always a long lineoutside the office."

According to Wang Hong, in February 2017, the Hunan Provincial Party Committeeorganized The ministry announced the appointment of cadres. Among them,Peng Xufeng intends to serve as Secretary of the Party Committee and Chairmanof Hunan Infrastructure Investment Group Co., Ltd.

China Economic Weekly. When Peng Xufeng resigned from the post of chairman ofChangsha Rail Transit Group in 2017, he said at the cadre appointment and removalmeeting: "The Changsha Railway has become my life An important part of it,a place I will never forget. On August 16, 2010, I came to the Changsha Railwayfrom the Municipal Housing Construction Committee to work for more than sixyears. From Honghuapo to Duhua Road, from the "subway a year"to" transfer time ", from subway to subway constructionoperations, from corporate culture to the operational development, more than2,300 days and nights fighting with each person, as if just yesterday."

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according to the indictment, from 2012 From 2017 to 2017, Peng and his brotherPeng Xufeng used Peng Xufeng's position to seek benefits for others on projectcontracting, land lease and equipment procurement. Peng and Peng illegallyaccepted RMB 218,279,978. According to Peng Xufeng's arrangement, PengXufeng's bribery of RMB 38.898856 million was converted into U.S. dollars,Euros, and Australian dollars, respectively, and transferred overseas throughthe bank accounts of others under his actual control. His actions havebeen charged with bribery and money laundering respectively. After thetrial, Peng disagreed with his confession and confession.

The judgment of the Changsha Evening News of the People's Court of YueyangCounty, Hunan Province, published by China Judicial Documents Network, revealedsome criminal facts that Peng Xufeng and his brother Peng were taking bribestogether.

According to the judgment, the court found that the defendant (Peng's formerLoudi unit colleague) cooperated with Cheng, Fan and Yang of Hunan SainengElectromechanical Company from the second half of 2014 to 2015, and planned toundertake the mechanical and electrical installation project of ChangshaRailway Line 1. In order to attract Peng Xufeng's attention, Peng Xufeng'sbrother Peng