On October 22, Jinan City Intermediate People's Court...

On October 22, Jinan City Intermediate People's Court sentenced Zhou Haixing, 24, manager of Shandong Baosheng Jewellery to death for issuing false VAT invoices and bribery. Immediately after the trial, he was escorted to the execution ground and shot. In 1994-1995, Zhou falsely issued 15 VAT invoices to a Henan and a Chongqing Jewellery company. He got a reward of 150,000 yuan ($18,116) and the 2 companies evaded a total tax amount of 9.57m yuan. From April to September 1994, Zhou obtained falsely issued VAT invoices from other enterprises to evade tax of 930,000 yuan ($112,318). Zhou also bribed the State Tax Bureau officials 3 times with 20,000 yuan ($2,415).